Wiser Technology Reports 385% Revenue Growth and Positive EBITDA for Q4 2024, Signaling Strong Momentum for 2025

Sofia, Bulgaria, February 28th, 2025 –   Wiser Technology reported a 385% year-over-year revenue increase in Q4 2024, driven by an effective M&A strategy execution and growing market demand, reinforcing its trajectory for sustained growth in 2025.

In the fourth quarter of 2024, Wiser Technology’s revenue surged to €8.74M, a substantial increase from €1.80M in Q4 2023. The company also reported a positive €40K EBITDA, improving from a negative €37K in the prior-year fourth quarter.

For the full year 2024, revenue totaled €20.45M, marking a 304% increase compared to €5.06M in 2023. This establishes Wiser Technology as one of Europe’s fastest-growing engineering consultancies, recognized for its end-to-end implementation expertise. The EBITDA reached €268K in 2024, up from €146K in the prior year. 

“We continue to grow fast, providing AI-driven mission-critical solutions to global enterprises, and remain committed to establishing Wiser as a European technology leader,” said Kosta Jordanov, CEO of Wiser Technology. “For 2025, excluding further M&A activity, we expect to reach €38M in revenues, €10.1M gross profit and €2.3M EBITDA, despite the planned significant investments in international expansion and growth,” added Joradnov.

In 2024, following a series of mergers, Wiser Technology rolled out an integration process to create a more agile and efficient organization. This strategic alignment is expected to be completed by mid 2025 and to enhance operational efficiency and drive financial performance in the second half of the year.

Strategic investments in sales and marketing are accelerating Wiser Technology’s global expansion and strengthening its leadership in the engineering and technology sector. The acquisition of Badin Soft in Q4 2024 expands Wiser Technology’s presence in financial services, banking, and communications. With an impressive client portfolio that includes BlackRock, Raiffeisen Bank, Telekom Srbija, and Inspira Group, this strategic move accelerates Wiser’s exposure to high-value global markets, highlighting its position as a leading provider of mission-critical IT solutions.

Wiser Technology’s Q4 Earnings Call is scheduled for 10:30 a.m. EET on March 5th, 2025. The online session is open to analysts, investors, media, and the public and can be accessed via Google Meet. 

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