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IT

Q.beyond forecasts revenues, EBITDA growth in 2021

Monday 1 March 2021 | 10:55 CET | News
Q.beyond, formerly known as QSC, said it expects double-digit revenue growth to between EUR 160 million and EUR 170 million in 2021, based on its "2020plus" strategy and a high share of recurring revenues. The company forecasts EBITDA to rise to between EUR 5 million and EUR 10 million this year. Free cash flow will be in a range of between negative EUR 5 million and negative EUR 10 million. It plans to generate a sustainably positive figure from the fourth quarter of 2021 onwards.

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Categories: General / IT
Companies: QSC
Countries: Germany
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