Circus SE: Sneak Peek at 2024 Financial Forecast & Preliminary 2023 Results

• Circus SE has released its initial outlook for the 2024 financial year and preliminary results for 2023.
• The company's core operating business is still in the development phase, with major investments made in Circus Robotics and the Circus operating system (Circus OS).
• Revenue for 2023 was generated exclusively from the operation of test kitchens for technology and process validation, with no revenue from technology commercialization.
• Preliminary figures indicate a negative EBITDA of EUR 11 - 13 million for 2023, with revenue of EUR 1.1 million.
• The 2024 financial year is expected to also have a negative EBITDA, with focus on further technological developments and preparations for series production.
• The company is in advanced talks with potential customers for the commercialization of its technology, with revenues expected from 2025 if negotiations are successful.

The price of Circus at the time of the news was 12,100EUR and was down -0,41 % compared with the previous day.

Circus

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ISIN:DE000A2YN355WKN:A2YN35

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