VOGO Reports 10% Revenue Growth and Positive EBITDA for 2024

VOGO, listed on Euronext Growth Paris, announces a 10% increase in revenue for 2024, totaling €10.6 million. The company's EBITDA turned positive at €456k, a significant improvement from the previous year's negative performance. This achievement is attributed to the successful transition to a Technology as a Service (TaaS) model and the FIFA certification received in 2023, enhancing direct sales to major sports entities.

The Sports segment led the growth, with a revenue rise of 11%, now constituting 82% of VOGO's business. International sales soared, especially in North America and EMEA, now representing 77% of total sales. Despite operating loss of €2.6 million, VOGO remains optimistic for 2025, eyeing further improvements and leveraging new technological innovations, particularly in artificial intelligence.