’s-Hertogenbosch, 26 April 2023 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today presents a trading update for the first quarter (Q1) 2023.

Highlights first quarter 2023

  • Revenue rises by 15.4% to € 32,9 million, driven by organic growth (+13.0%) and Technology2Enjoy acquisition
  • EBITDA falls 10.7%, to € 2.5 miljoen, due to redundancy costs related to the organisational adjustmend initiated in 2022
  • Net result of € 0.8 miljoen, underlying profitability is developing well
Kerncijfers
€ mln (unless stated otherwise)
Q1 2023 Q1 2022 Delta
Revenue 32.9 28.5 +15.4%
EBITDA 2.5 2.8 -10.7%
EBIT 1.2 1.5 -20.0%
Net result 0.8 1.1 -27.3%
Operational cash flow 1.2 1.3 -7.7%
Net cash (end-Q) 4.3 5.4 -20.4%
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