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q.beyond growth

19th of March
q.beyond growth

q.beyond AG generates positive free cash flow one year earlier than expected!

In 2023, q.beyond AG continued its trajectory of stable growth, reporting revenue of €189.3 million. This accomplishment reflects the dedication and hard work of our team members, as well as the resilience of our business model.

Building on this momentum, we anticipate even greater success in 2024, with projected EBITDA of €8-10 million and revenues expected to range between €192-198 million. To achieve these ambitious goals, q.beyond is implementing strategic measures focused on enhancing efficiency across its operations - ramping up nearshoring and offshoring activities, promoting process automation, and increasingly deploying generative AI.

More info here: https://lnkd.in/dBhgtXug