Alchimie Announces Its 2024 Revenue
31 1월 2025 - 1:45AM
Business Wire
- 2024 revenue of €8.1 million, in line with the target
announced
- Strong cash position of €4.9 million at the end of
2024
- Signing of a memorandum of understanding for the transfer of
commercial contracts to Digital Virgo1
Regulatory News:
ALCHIMIE (FR0014000JX7 – ALCHI – PEA-PME eligible), a B2B
streaming platform enabling brands, media and companies to create,
design and animate their own themed video channels and stream their
video contents, today announces its consolidated annual revenue2 as
of December 31, 2024.
Pauline Grimaldi d'Esdra, CEO of Alchimie, states: "The
year 2024 was marked by the deployment of our new SaaS and VPaaS
(Video Platform as a Service) offerings to maximize the value of
Alchimie's technological assets. However, these initiatives have
been slow to deliver results in a market environment characterized
by a corporate wait-and-see attitude. Alchimie recently announced
the sale of its historical contracts to the Digital Virgo Group,
enabling the Company to focus its efforts and resources on the
creation of video-on-demand channels. In 2025, our priority will
therefore be to accelerate the deployment of videowall, our VOD
platform, already adopted by numerous partners, and the
editorialization of channels to continue supporting our customers,
as we did recently with Maisonsdumonde+ and Bauer Group.”
2024 business activity and the Group's financial
position
Revenue as of December 31, 2024 totaled €8.1 million, compared
with €11.3 million as of December 31, 2023, in line with the
guidance announced at the beginning of the year. Alchimie continued
to benefit from the residual subscriber base of its historical
activities, particularly in France and Germany. The results of its
strategic reorientation to market the new SaaS and VPaaS offerings
fell below the Company's expectations, with the past year marked by
the companies’ wait-and-see attitude.
The Company's cash position stood at nearly €4.9 million as of
December 31, 2024, compared with €4.5 million as of June 30, 2024.
In terms of financial resources and given its current cash
position, Alchimie maintains strict cost control to preserve its
liquidity.
Strategy and outlook
The beginning of the year was marked by the signing of a
memorandum of understanding with the Digital Virgo Group for the
sale of commercial contracts. This agreement includes the transfer
of three commercial contracts in France and the sale of the German
subsidiary holding four other commercial contracts outside France.
These contracts represent 85% of annual revenue over the past two
years.
In 2025, Alchimie will focus its efforts on deploying its new
offerings, with particular emphasis on videowall, its high
value-added SaaS video platform providing companies with a tool to
enhance the impact of their communications. The Company thus
intends to capitalize on the launch of Maisonsdumonde+, a
project that aligns with the Maisons du Monde Group's new loyalty
program. This innovative streaming platform, aimed at top-tier
customers, offers a tailor-made experience featuring over 50 hours
of exclusive content (decorating tutorials, collaborations with
celebrities, etc.), and combines intimacy and emotion to strengthen
brand attachment.
Additionally, Alchimie will continue to enrich its content
catalog and has just renewed its collaboration with Bauer Media
Group. The latter currently operates two SVOD video platforms
offering an immersive experience for users: Maxi TV, a channel
featuring a variety of documentaries (yoga classes, cooking,
getaways and travel, etc.), and Télécâble Sat TV, offering programs
on targeted themes (legends from the world of cinema, history and
civilizations, or major topics in science and technology).
***
Next financial release: full-year 2024 results, on April
24, 2025 after market close.
About Alchimie Alchimie is a unique video streaming
platform allowing companies and creators to build their own video
channel, their internal communication media, and partners. Alchimie
also offers 42videobricks, the SaaS access to the technological
building blocks (via API) for operating video and streaming
functions. Alchimie has a catalog of video contents from more than
300 prestigious partners (Arte, France TV distribution, ZDF
Entreprises or Zed). For further information:
www.alchimie-finance.com / www.alchimie.com
1 "Alchimie announces the signing of a memorandum of
understanding for the transfer of commercial contracts to Digital
Virgo", on January 13, 2025 2 Data in accordance with the Company's
accounting policies, unchanged from 2023; 2024 figures are
unaudited.
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version on businesswire.com: https://www.businesswire.com/news/home/20250130202334/en/
Alchimie Pauline Grimaldi d’Esdra CEO
investors@alchimie.com
NewCap Thomas Grojean/Aurélie Manavarere Investor
Relations alchimie@newcap.eu 01 44 71 94 94
NewCap Nicolas Merigeau Media Relations
alchimie@newcap.eu 01 44 71 94 98
Alchimie (EU:ALCHI)
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Alchimie (EU:ALCHI)
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