- Lleida.net (LLEIF, Financial) increased sales by 16% in 2024, reaching €19.05 million.
- The company recorded a net profit of €883,000, reversing a €2.65 million loss in 2023.
- All business divisions showed double-digit growth, and net financial debt was reduced by 22%.
Spanish technology firm Lleida.net (LLEIF) has reported a robust financial recovery in 2024, with a 16% increase in sales to €19.05 million, as per the company's audited figures. This marks a significant turnaround from 2023, where the company faced losses of €2.65 million. Notably, the company recorded a net profit of €883,000.
Lleida.net's EBITDA saw a remarkable enhancement from €84,000 in 2023 to €3.24 million in 2024. This recovery is underscored by the strong performance across all business divisions, as each registered double-digit growth. The ICX Wholesale division experienced a 24% increase, accumulating €6.92 million, while the Registered Electronic Notification segment saw a 25% growth to €2.04 million. Additionally, SMS solutions grew by 13% to €3.77 million, and the Contracting line increased by 13% to €3.47 million.
The company implemented rigorous cost-control measures, resulting in a 22% reduction in net financial debt to €7.41 million. These measures included a 19% reduction in personnel expenses and a 22% cut in external services. As a result, the consolidated gross margin improved by 11% to €10.18 million, although the margin on sales slightly decreased to 53.44% due to a higher contribution from SMS lines in total turnover.
Founded in 1995, Lleida.net continues to be a leading provider of electronic certification, notification, and signature technology services across Europe. The company holds over 300 patents covering more than 60 countries, underscoring its commitment to innovation.
