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Atrys Health, a global healthtech company that provides precision medical prevention, diagnosis, and treatment services and is a leader in telemedicine and cancer treatment, announced its third quarter 2024 results. The results reflect solid overall growth in revenue and adjusted EBITDA.

From January to September 2024, Atrys Health increased its revenue by 5.8% compared to the same period last year, or 7.2% at constant exchange rates. This brought the company’s cumulative revenue to €155.6 million. This growth was fueled by widespread expansion across all business sectors, particularly in the oncology division.

Meanwhile, gross margin showed year-on-year growth of 4.2% in September, reaching €102.6 million compared to the €98.5 million recorded during the first nine months of 2023. The gross margin on turnover was 66%, which is slightly lower than last year due to the greater weight of the Medical Oncology and Diagnostics areas in the company’s overall turnover.

EBITDA exceeded €26.2 million, a 33.1% increase over the previous year. Adjusted EBITDA improved to €31.2 million in the first nine months of the year, a 31.7% increase over the same period in 2023. The adjusted EBITDA margin on turnover also improved substantially, rising from 16.09% to 20.02%. This improvement was supported by operational growth and the cost-saving and efficiency plan implemented during the first nine months of 2024.

The company contained CAPEX investment, which stood at €7.97 million, a 4.6% decrease due to lower CAPEX growth. Additionally, operating cash flow increased by 60.8% compared to the previous year, reaching €18.3 million as of September 2024.

https://www.estrategiasdeinversion.com/actualidad/noticias/bolsa-espana/atrys-aumenta-un-32-su-ebitda-ajustado-hasta-los-n-762441

Lawwwing, the Spanish platform that offers a solution for website regulatory compliance, has raised €360,000 in its second round of investment, with EconomistesBAN, the network of private investors of the Col·legi d’Economistes de Catalunya, WA4Steam, and Fides Capital participating as investors, along with various business angels.

The operation also involved Enisa and previous investors in the company, including We Rock Capital and other business angels. This follow-on funding round confirms investor confidence in the LegalTech company founded by Pasqual Guerrero, Núria Moreno, and Georgina Viaplana.

Georgina Viaplana, co-founder and CEO of Lawwwing, highlighted the combination of new investors entering this second round of financing: “This shows us that Lawwwing is a solid project with growth potential, thanks to the team, customers, and partners who maintain their trust in us, and that Lawwwing solves a real problem faced by many website owners.”

INTERNATIONALIZATION AND SALES BOOST

Going forward, Lawwwing’s strategy for continued growth will focus on two main objectives: internationalization and increasing sales through various channels.

Núria Moreno, co-founder and CCO of Lawwwing, explains that the company is now ready to operate in the European Union by complying with regulations that are also in force in Spain. The company is also focused on increasing sales by activating new sales channels.

Thus, the company’s roadmap focuses on opening new sales channels and increasing its presence in the European Union. Along with this growth, the company plans to enter the Latin American market in 2025 and offer a plug-and-play solution to businesses that want to operate online in the European Union.

In terms of sales targets, Lawwwing has outlined several growth strategies. First, the funding round will be used to expand the sales team, providing a significant boost to this business unit. Additionally, new platform features will be developed to increase customer engagement and profitability. Lastly, new channels will be opened on Shopify, PrestaShop, and the API to integrate with suppliers and domains.

Furthermore, Lawwwing is preparing the platform to develop the necessary features so that its customers and partners (marketing and web design agencies) can comply with the European Artificial Intelligence Regulation as soon as it comes into force.

https://elreferente.es/inversiones/lawwwing-obtiene-360000-segunda-ronda-financiacion/