A 23% growth rate, net profit surpassing one million euros for the first time, and strengthened financial muscle position Cuatroochenta to scale both organically and through acquisitions. The company presents annual results that combine growth and profitability in a sustainable manner, successfully leveraging technological innovation—through software-as-a-service (SaaS) and cybersecurity—into strong financial performance. These achievements are detailed in the 2024 Financial Report published on BME Growth and shared in an innovative format: a conversation recorded on April 8 with Joan Tubau, Professor of Economics at UPF and creator of the Kapital podcast.
2024 Results
Cuatroochenta's revenue in 2024 reached €27.6 million, representing a 23% increase compared to the previous year. Notably, its Annual Recurring Revenue (ARR) exceeded €19 million, up from €15 million in 2023, now accounting for nearly 70% of total revenue—a key indicator of the business’s quality and predictability.
This positive performance is supported by all business lines and the markets in which the company operates (Spain and Latin America), including its facility and service management platforms (FAMA and CheckingPlan), as well as its vertical enterprise software solutions as a partner of Microsoft (Ekamat) and Zoho (Conpas). Particularly noteworthy is the contribution of cybersecurity services: Sofistic, its specialized unit, now represents over 42% of total revenue after growing by 38%, with a substantial improvement in profitability.
Cuatroochenta has quadrupled in size and increased its EBITDA sixfold in five years
The company’s growth has fueled greater efficiency and financial strength, with the Group’s EBITDA margin rising above 11.7% in 2024 and exceeding €3.2 million, while consolidated net profit surpassed €1 million. Since its listing on BME Growth in 2020, Cuatroochenta has multiplied its revenue by four and its EBITDA by six. In the last fiscal year alone, net profit increased 6.5 times.
The company's performance has been reflected in a strong upward trend in its share price on BME Growth, with a 59% increase in 2024—significantly outperforming the benchmark index for listed companies on this market, the Ibex Growth Market 15, which declined by 25%. This trend has accelerated in 2025: the share price rose from €7 at the end of 2023 to €12.9 as of April 29, 2025, representing an 84% increase.
“We generate cash to reinvest and accelerate growth”
“We are in an excellent position to pursue new acquisitions. We have already demonstrated our ability to acquire and scale companies starting from a much smaller size. Now, the company generates cash that enables further investment and is well positioned to accelerate its growth,” stated Alfredo R. Cebrián, CEO and co-founder of Cuatroochenta.
As an example of this M&A strategy, Cebrián highlighted that “in 2019 we made a clear bet on entering the cybersecurity sector, and by 2024 it represented 42% of our total business volume—at a time when the market is growing and all indicators suggest that investment in cybersecurity and defense will surge in Europe. We still have the potential to multiply our size and market capitalization several times over. We aim to become a key player in the development of technology-driven businesses focused on cybersecurity and applied knowledge, and we are confident that we have the right foundation to achieve this,” the CEO emphasized.
Alfredo R. Cebrián and Javier Rillo made these statements during a conversation with financial communicator Joan Tubau, held at Cuatroochenta’s Barcelona office on Balmes Street. The discussion was presented in an innovative format aimed at bringing the company’s financial results and strategy closer to all audiences—particularly investors—through a full-length video and short clips shared on YouTube and social media.
In addition to the financial report, Cuatroochenta also published today its verified Non-Financial Information Statement (EINF), highlighting social aspects such as investment in applied innovation and employee training, recognition as a Great Place to Work for the fifth consecutive year, and a reduction in staff turnover. The report also emphasizes the company's quality, security, and sustainability certifications, including ISO 14001, ISO 27001, ENS, SOC2 Type II, and ISO 9001.
Cuatroochenta’s net revenue reached €27.6 million in 2024, representing a 23% increase, driven by €19.3 million in annual recurring revenue (ARR).
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