Siili Solutions Plc, Business review, 1 January–31 March 2025

Core Viewpoint - Siili Solutions Plc reported stable revenue in Q1 2025, with a slight increase compared to the previous year, while focusing on AI strategy implementation and profitability improvements [1][5]. Financial Performance - Revenue for Q1 2025 was EUR 29.9 million, a 0.3% increase from EUR 29.8 million in Q1 2024 [2][7]. - Organic revenue growth decreased by 1.6% year-on-year [2][7]. - Adjusted EBITA for Q1 2025 was EUR 1.3 million, representing 4.2% of revenue, down from 5.3% in Q1 2024 [2][7]. - Earnings per share decreased to EUR 0.05 from EUR 0.07 in the previous year [2][7]. - The number of employees at the end of the period was 957, down from 973 in the previous year [2][7]. Strategic Developments - The company launched a new Advisory service aimed at accelerating clients' digital business and AI adoption [6][9]. - Siili completed the acquisition of a majority stake in Integrations Group Oy, enhancing its competence profile [11]. - The company adjusted its workforce, reducing 33 roles to strengthen competitiveness and achieve annual cost savings of EUR 2.2 million [10]. Market Outlook - Revenue for 2025 is projected to be between EUR 108 million and EUR 130 million, with adjusted EBITA expected to range from EUR 4.7 million to EUR 7.7 million [3]. - The company noted positive market developments, with clients transitioning from AI testing to implementation [4][6].