Lectra has released its financial results for the year 2024 as well as for Q4 2024. At US $ 142.5 million, Q4 2024 revenues were 11 per cent higher than Q4 2023, with Launchmetrics accounting for US $ 11.47 million of the total. Before nonrecurring items, EBITDA was up 14 per cent to US $ 24.3 million, and the EBITDA margin was up 0.5 per centage points to 17.1 per cent.
The following breakdown shows that full-year 2024 revenues increased by 10 per cent to US $ 578.3 million: 72 per cent of total revenues in recurring revenues, which include SaaS revenues of US $ 84.4 million, increased 18 per cent, while 28 per cent of total revenues for new systems decreased 5 per cent.
Launchmetrics, consolidated since 23rd January 2024, contributed US $ 44.1 million to 2024 sales. The gross profit margin was 71.6 per cent, up 1.8 per centage points from 2023, and the gross profit reached US $ 405.9 million, up 13 per cent. The EBITDA margin before nonrecurring items increased 0.8 points to 17.3 per cent, while EBITDA before nonrecurring items increased 15 per cent to US $ 98.4 million.
The Group has started 2025 with confidence and plans to follow through on its plan by improving its SaaS business and providing Industry 4.0 products that are as near to matching client needs as feasible.
In 2025, recurring revenues—which made up 72 per cent of total sales in 2024—are anticipated to increase even more, mostly due to the growth of SaaS activities. In addition, the Group expects a mix of orders that will positively affect the gross margin and will continue to enforce stringent cost constraints.
Lectra has set a goal of reaching over US $ 436.0 million in recurring revenue by 2025, which includes US $ 96.0 million in SaaS revenue. With an EBITDA margin before non-recurring items close to 20 per cent, total revenues are anticipated to be between US $ 605 million and US $ 660 million.
