Mainz-Kastel, June 30, 2025 – Avemio AG (ISIN DE000A40KY59, ticker AV2), a leading European system supplier of hardware and software for the professional film, broadcast, audio and video industry, today published its Annual Report 2024. Despite a challenging market environment, the Avemio Group made significant strategic progress in the past financial year, particularly in the digital sector.
Transformation to a technology-driven provider
In 2024, business activities focused on the consistent further development of the Avemio Group into a technology-oriented provider with a growing international focus. The expansion of the digital area was driven forward by the integration of MoovIT GmbH and MoovIT Software Products GmbH, which were acquired in the previous year, and the founding of ObviousFuture GmbH. With innovative solutions such as helmut.cloud and the AI-based platform CaraOne, which was named “Product of the Year 2025” at the NAB Show in Las Vegas, Avemio has created a future-proof product portfolio.
At the same time, the value chain was expanded through the acquisition of the LEA Group. This integration strengthens the financing expertise within the Avemio Group and makes it possible to offer usage-based financing models more efficiently and independently of external partners in future – an important step in view of an industry trend away from traditional capital goods towards usage-based operating expenses.
Strong growth in digital business
In the 2024 financial year, the Avemio Group generated consolidated revenue of EUR 87.9 million (2023: EUR 99.2 million). Sales in the trading business declined to EUR 78.8 million (2023: EUR 96.1 million) due to temporarily weaker demand for high-priced capital goods and project postponements. By contrast, the digital business developed dynamically. Sales increased to EUR 8.5 million (2023: EUR 2.9 million).
Consolidated earnings before interest, taxes, depreciation and amortization(EBITDA) amounted to EUR -0.9 million (2023: EUR 0 million). The decline in earnings is mainly due to the fall in sales in the Trading segment and investments in the Group’s restructuring. Initial measures – in particular the integration of subsidiaries into Teltec AG – have already resulted in savings of around EUR 0.5 million as part of a comprehensive cost-cutting program initiated at an early stage. Full integration should be completed by the end of 2025 and enable annual savings of over EUR 1.5 million.
Solid equity ratio and positive cash flow
Despite the negative earnings trend, the Avemio Group was able to keep its equity ratio almost stable at 49% as at December 31, 2024 (December 31, 2023: 52%). Cash and cash equivalents increased slightly to EUR 5.7 million (December 31, 2023: EUR 5.4 million). Together with free credit lines of around EUR 2.0 million, the Avemio Group thus has solid financing for the company’s further growth. A positive operating cash flow of EUR 2.4 million (2023: EUR -3.6 million) was achieved in particular through optimized working capital and inventory management.
2025 under the sign of digital growth
For the current financial year, the Management Board expects the trading business to stabilize and the first growth impetus to come in the second half of the year. The digital segment remains a key growth driver. The helmut.cloud and CaraOne products are about to enter the market. Initial pilot projects with well-known customers have been successful. The company is also experiencing increasing international demand – particularly from the North American market. Concrete talks with leading media companies and initial strategic partnerships have already been initiated.
The aim is to return the operating result to positive territory in 2025. In the medium term, a sustainable increase in Group profitability is to be achieved through the growing share of the higher-margin digital business.
Ralf P. Pfeffer, CEO of Avemio AG: “Our investments in digital business models and AI technologies are increasingly paying off. The positive feedback from initial projects confirms that we are on the right track. From the second half of 2025, we expect a noticeable upturn, both in the retail segment and in our digital solutions.”
The 2024 Annual Report of Avemio AG is available on the company’s website at: https://avemio.com/news/#finanzberichte.
About Avemio AG
Avemio Aktiengesellschaft is a media technology group with a focus on professional film and television technology. The trading group, which has been growing strongly in the German-speaking B2B market for many years and is the largest specialist retailer in the European Union, supplies content producers with products from all major manufacturers as a manufacturer-independent supplier. This also includes consulting and technical support for complete production, post-production, and broadcast systems as well as the planning, creation and system integration of media technology workflows with its own software products and cloud offerings. The IPO took place in 2023 as part of a reverse IPO. This was followed by the listing on the primary market and admission to the Xetra trading platform. The Avemio Group pursues an international buy-and-build strategy and the expansion of its own high-margin software offering.
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