ccording to Qt Group’s preliminary figures, the company’s revenue for the fourth quarter of 2024 was approximately EUR 67–69 million, with full-year revenue totaling around EUR 208–210 million. This represents a 15–16 percent growth compared to the previous year in constant currencies. The EBITA margin was close to 35 percent, aligning with the upper range of the company’s guidance.
However, revenue growth fell short of the previously forecasted target of 20–25 percent. This was primarily due to the postponement of significant agreements to 2025. Additionally, distribution license revenue growth was lower than expected due to challenging market conditions. On a positive note, revenue growth from developer licenses proceeded as planned, supporting long-term growth expectations.
The market had anticipated this outcome, and as a result, the share price reacted very moderately. 