on WALLIX (EPA:ALLIX)
WALLIX achieves profitability in the second half of 2024
WALLIX, a European cybersecurity specialist, has announced positive results for the second half of 2024. Thanks to a 24.4% increase in its monthly recurring revenue, the company recorded positive operating income and net income, reaching €0.6 million and €1.3 million respectively.
The company maintains rigorous cost management and is pursuing a sustained growth strategy, supported by gross cash of €11.2 million. Annual revenue totaled €34.1 million, driven by strong growth in recurring revenue, which represented 67.7% of the total.
WALLIX is targeting a positive operating result for the full year 2025, anticipating growing demand for its cybersecurity solutions in Europe. It is also positioned as the only European company in the sector recognized by Gartner, which strengthens its strategic position.
R. E.
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