Making Science increases its income by 15.4% in the first quarter, to 62.4 million euros

MADRID, 11 Abr.

Making Science increases its income by 15.4% in the first quarter, to 62.4 million euros

MADRID, 11 Abr. (EUROPA PRESS) -

Making Science, a technology and digital marketing consultancy specializing in e-commerce and digital acceleration, registered a turnover of 62.4 million euros in the first quarter of the year, 15.4% more than in the same period of 2023. , as reported this Thursday by the company.

The firm's gross margin reached 17.5 million euros until March, 15.2% more, while the recurring gross operating result (Ebitda) was 3.6 million euros, which represents a growth of 32.2% compared to the 2.7 million generated in the first quarter of 2023.

As highlighted by the consulting firm, these results are a consequence of the growth in income and gross margin, as well as operational efficiency, reflected in the growth of operational costs, which increased by 9.5% over the first quarter of 2023 and have remained stable since the second quarter of the previous year.

By geography, the company's international business grew 22.9% in revenue and 24.6% in gross margin compared to the first quarter of the previous year, thanks to the positive results of operations in France, Georgia, Italy, Nordic Countries and the United Kingdom, reaching revenues of 23.6 million euros.

In the future, the consultancy expects a contribution of a third of the results in Spain, a third in the United States and a third in the rest of the geographies.

Looking to the end of the year, the company maintains its objective of achieving a recurring Ebitda of between 14 and 15 million euros and estimates that ordinary income will be between 270 and 290 million euros, while the gross margin will reach volume of between 74 and 77 million euros.

The firm's long-term objectives, published in its '2027 Plan', show an increase in Ebitda of 20% until 2027, to reach a figure of between 23 and 27 million, thanks, among other factors, to the 'mix 'geographical' of revenues, with expected growth in the international segment and the United States at rates greater than 25%.

"The results of the first quarter maintain the path of growth in income, gross margin and Ebitda reported since 2016 and, in addition, confirm our ability to achieve the objectives of the business plan announced to the market in February of this year," he said. highlighted José Antonio Martínez Aguilar, CEO of Making Science.

Martínez Aguilar has also highlighted that, during the first quarter, the consultancy has achieved "new important clients in all markets", particularly in Spain, France, Italy, Sweden and the United States. "The rapid growth of international business will soon make it exceed 50%," he stressed.

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