Vogo SA Reports Strong H1 2024 Financial Turnaround

Vogo SA (FR:ALVGO) has released an update.

Vogo SA experienced a robust first half in 2024 with a 26% surge in revenue, driven by the Sports sector and a strong international expansion, notably the Technology as a Service model and high-profile partnerships with sports federations. The company’s EBITDA turned positive at approximately €400k, a significant improvement from the previous year’s loss, due to controlled costs and a high gross margin rate. Net losses have substantially decreased, from €1.4m in S1 2023 to just €0.2m in S1 2024.

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