Infront, a leading European provider of financial market data solutions, has released its 2024 annual report, marking another year of strong performance. The company achieved a 4% year-over-year revenue increase, reaching €133.8 million. Adjusted EBITDA also rose by 3.3% to €36.7 million, improving the EBITDA margin from 24.1% to 27.4%. These results reflect improved operational efficiency, a more robust product suite, and a strategic focus on sustainable growth and profitability.
Financial and commercial growth
Infront’s operating revenue increased by 4% to €133.8 million in 2024. Infront generates most of its revenue from recurring subscription contracts, as well as volume-based revenue deriving from long-term customer contracts. Trade receivables and other current assets were €16.2 million at the end of 2024, compared to €19.3 million at the end of December 2023 reflecting the seasonality of the business with upfront billing early in the year for a large portion of the products and services.
Zlatko Vucetic, CEO at Infront: “I am pleased to share that 2024 has been a record year for growth and profitability for Infront. We are now seeing the results of three years of intense work to streamline operations and consolidate our solutions offering. With this solid foundation in place, we have begun an exciting new chapter – one that brings a stronger-than-ever focus on positioning Infront for sustained future growth and executing the targeted initiatives designed to accelerate that growth over the coming years. With our streamlined solution set, we are now better equipped to direct our development resources toward enhancements that deliver greater value for our clients.”
Product and brand development
In 2024, Infront Analytics advanced its capabilities with new tools for deeper analysis and enriched company profiles, delivering key metrics and profitability insights to support more informed decision-making. Meanwhile, Assetmax and Wealth Portal expanded their presence in European markets such as Switzerland, Germany, and Benelux, driven by the successful rollout of the Infront Data Catalogue, which enhanced accessibility and reinforced its value for wealth management professionals. Major contracts with leading global asset managers, along with expanded agreements with financial institutions, further deepened product integration and reinforced Infront’s position as a trusted partner within the industry.
Successful positioning of WealthTech
Infront remains committed to strengthening its position as a leading European provider of WealthTech services by continuing to invest in product development and optimising existing operations.
