Summary of Annual Report

Market Position and Growth: Exasol targets companies with substantial data demands, mainly in finance, telecommunications, and healthcare. The company’s recent strategy realignment focuses on these sectors, achieving significant Annual Recurring Revenue (ARR) growth, especially from existing clients.
Financial Performance: For fiscal year 2024, Exasol reported a 12.9% revenue increase to €39.6 million and a positive EBITDA of €2 million, marking a return to operational profitability. ARR rose to €42.3 million, a growth of 3.7%.
Investment in Technology: Recent advancements include enhancements in AI capabilities and improved system performance. The introduction of the AI Lab allows customers to integrate AI with their data analytics effectively.
Future Outlook: Exasol expects moderate ARR growth in 2025, driven by a strategic focus on growth sectors and product innovation. The company prepares for an increasingly important role in the AI market, which is anticipated to grow significantly over the next few years