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Cyviz Capital Markets Day - Growth Strategy and New Business Lines
22 Jan 2025 14:00 CET
Issuer
Cyviz AS
22.1.2025 14:00:00 CET | Cyviz | Non-regulatory press releases
Cyviz AS is hosting its Capital Markets Day in Oslo today, January 22, 2025.
The attached presentation provides detailed insights into the key highlights to
be presented:
Financial targets presented for the period 2025-2030:
* ARR share of revenue: Above ~25% by 2030
* EBITDA margin: Above ~25% by 2030
Growth ambitions:
* Achieving annual growth in recurring revenues (ARR), driven by SaaS-based
solutions and new business lines.
* Scaling operations through partner-based distribution, including expansion
into new geographies and industries.
* Disrupting the AV industry with Cyviz' Software Management Platform as one of
the cornerstones for future growth.
Cyviz' strategy is built on its 26-years of experience with innovation and
delivery of technology and solutions for high-impact spaces. Our focus on our
in-house developed software and hardware, together with establishing a strong
partner ecosystem, positions us as a leading player in our industry.
"We now have a profitable foundation for continued future growth. Cyviz is
well-positioned to scale our technology globally, drive industry transformation
with our Software Management Platform, and increase customer value through
innovative solutions. Our strategic priorities will continue to strengthen our
competitive edge in existing and new markets," says Espen Gylvik, CEO of Cyviz.
The Capital Markets Day also features a presentation of two new business lines
ready for commercialization:
1. Integrator Kit: Provides partners access to Cyviz' core technology, enabling
efficient distribution and higher margins.
2. Software Management Platform: A scalable platform for monitoring and
managing AV rooms and IT devices (IoTs), focusing on recurring revenue
through subscription solutions.
For further details, see the attached CMD presentation.
CONTACTS
* Ellen Kristine Lome, Chief People & Communications Officer, Cyviz AS,
+4790624524, ellen.lome@cyviz.com
* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com
* Karl Peter Gombrii, CFO, Cyviz, (+47) 92822969, karl.gombrii@cyviz.com
ABOUT CYVIZ
About Cyviz
Cyviz is a global technology provider for comprehensive conference and control
rooms as well as command and experience centers. Since 1998, we have created
next level collaboration spaces, assuring inclusive meeting experiences for in
person and remote attendance.
Cyviz serves global enterprises and governments with the highest requirements
for usability, security, decision making and quality. The cross-platform
experience Cyviz delivers to manage and control systems and resources across the
enterprise, makes Cyviz the preferred choice for customers with complex needs.
Find out more on www.cyviz.com - http://www.cyviz.com or visit one of our Cyviz
Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo,
Paris, Riyadh, Singapore, Stavanger, or Washington DC.
Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ).
ATTACHMENTS
Cyviz_CMD_2025.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18394084/5547/Cyviz_CMD_2025.pdf
More information:
Access the news on Oslo Bors NewsWeb site
Source
Cyviz AS
Provider
Oslo Børs Newspoint
Company Name
CYVIZ AS
ISIN
NO0010015175
Symbol
CYVIZ
Market
Euronext Growth