Modelon
Modelon Q4 2024: Strong ARR delivery and updated financial targets (Redeye)
2025-02-21 08:41
Redeye shares its initial comments on Modelon’s Q4 2024 results, where ARR slightly exceeded expectations, while top-line performance and costs aligned with our forecasts. ARR (in constant currency) grew 19% year over year and 6% quarter over quarter, driven primarily by Modelon Impact. The recently updated financial targets highlight sustained ARR growth, a short path to free cash flow, and strong long-term profitability. Following the report and updated targets, we anticipate making only minor adjustments to our forecasts.
info@redeye.se (Redeye.se)
Redeye AB - Redeye.se