DJ BROADPEAK SA: 2023 first-half results BROADPEAK SA BROADPEAK SA: 2023 first-half results 17-Oct-2023 / 17:45 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group.
BROADPEAK SA 17-Oct-2023 / 17:45 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- 2023 first-half results - Revenue up 12.5% - 41% growth in Licenses & Services and 36% growth in recurring revenue - 25.7% increase in gross margin to EUR14.
At the same time, equipment sales fell by 49.5% in the first half of the year to EUR2.4 million, accounting for only 13.4% of revenue. This reflects a downward trend in proprietary infrastructure investments among Broadpeak's customers.In line with this positive change in the product mix, the Group's gross margin increased sharply over the period to EUR14.2 million. It represents 78.9% of revenue, compared with 70.6% the previous year.
Personnel expenses consequently rose by 29.8% in the first half of 2023, to EUR12.3 million, in particular to implement the investment plan for the software offering and the broadpeak.io platform. Other operating expenses also increased , due in particular to marketing investments and the strengthening of our global sales presence.
Additionally, enrichment of the SaaS platform continued with the integration of the latest generation of the Dynamic Ad Insertion application, offering increased monetisation capabilities and easier use across multiple devices.
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BROADPEAK SA: 2023 first-half resultsDJ BROADPEAK SA: 2023 first-half results BROADPEAK SA BROADPEAK SA: 2023 first-half results 17-Oct-2023 / 17:45 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The
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