17:02 10 April 2025
Cloud Technologies had PLN 13.13 mln net profit in ‘24
In 2024, Cloud Technologies reported a consolidated net profit of PLN 13.13 million, up from PLN 8.78 million in 2023. After normalization, net profit reached PLN 14.93 million. Despite a drop in sales revenue to PLN 46.97 million (from PLN 54.72 million), EBITDA remained stable at PLN 27.54 million, with EBITDA margin increasing to 58.6%. The company saw a 10% rise in data sales (USD-based), and 23% growth excluding Oracle Advertising, which had closed in late 2024.
Cloud Technologies also acquired Norway’s Nordic Data Resources in July 2024. The Warsaw-based tech firm specializes in big data and data monetization, operating one of the world’s largest data warehouses and the OnAudience.com platform.
