Altia’s financial results for 2024 reflect a year of steady, sustainable growth, with revenue reaching €255.6 million — a 5.9% increase compared to 2023. This figure does not yet include revenue from IN2 and Verne 2024, two companies recently integrated into the Altia Group, which further highlights the strength of our upward trajectory. This positive performance confirms the continued consolidation of our expansion strategy and is supported by a robust financial structure, with equity rising by 15.5% and the balance sheet reaching €167.1 million.
EBITDA surpassed €25 million, which is in line with the previous year, despite a slight decline in the EBITDA margin, from 10.4% to 9.7%. This performance reflects the investments made in international markets — particularly the United States, Ireland, and the United Arab Emirates — which are expected to start delivering returns from 2025 onward. Consolidated net profit reached €15.4 million, 0.5% higher than in 2023, with a slight reduction in profitability as the net margin settled at 6%, compared to 6.3% the previous year. These results demonstrate earnings stability after a period of significant investment.
A 9.2% increase in total assets compared to the previous year — from €153.1 million to €167.1 million — further confirms the strength and vitality of our financial position. This was accompanied by a 15.5% growth in equity, reflecting more excellent solvency and financial resilience. At Altia, we continue to follow a prudent self-financing policy, which has been key to sustaining long-term value creation.
In terms of shareholder remuneration, the Board of Directors has proposed a total dividend of €0.06 per share, representing a 20% increase over 2023. This corresponds to €4.1 million in total or 26.7% of the consolidated net profit. Of this amount, €2.47 million was already paid as an interim dividend in December 2024, with the remaining balance subject to approval at the upcoming Annual General Meeting in May.
According to Constantino Fernández, CEO of Altia, “The year 2024 has seen the expansion and consolidation of our model, following significant acquisitions in recent years. We have maintained profit levels even with considerable investment, mainly in foreign markets, and, more importantly, we have enhanced our asset position and the group’s financial stability. This performance undoubtedly reflects the maturity reached after the growth of previous years and allows us to face the future with confidence.”
We remain committed to sustainable growth and balanced profitability. Throughout 2024, we took important steps to stabilize our business structure, aligning our resources with the new operational scale following the integration of newly acquired companies. This strategic consolidation has strengthened our competitive position in the technology sector, both in Spain and in international markets.
The results achieved validate the strategy we have been pursuing in recent years — a combination of consistent organic growth and acquisitions that enhance and expand our service offering. The strength of our balance sheet and continuous revenue growth provides a solid foundation on which to continue building Altia’s future.
As Ignacio Cabanas, Chief Financial Officer, highlights: “These results endorse the strategy we have been following for years of strong organic growth coupled with the acquisition of companies that enhance our service offering. The strength of our balance sheet and the growth in revenues are a solid base on which we will continue to build the company’s development in the coming years.”
Looking ahead, Altia will continue to focus on innovation, efficiency, and a strong commitment to sustainability, while delivering lasting value to its clients, professionals, and shareholders.
