TeamViewer's FY 2024 Earnings: A Steady Performance Amidst Market Challenges
Generated by AI AgentWesley Park
Sunday, Feb 16, 2025 2:19 am ET1min read
EFSC--
TeamViewer SE (TMVWF) has reported its full-year 2024 earnings, delivering a steady performance in line with market expectations. Despite facing macroeconomic challenges, the company managed to maintain its growth trajectory, driven by strategic acquisitions and a strong product offering.
TeamViewer's FY 2024 revenue grew by 7.14% year-over-year (YoY) to €671.4 million, while earnings increased by 7.95% to €123.1 million. The company's adjusted EBITDA also saw a significant increase of 14.00% YoY, reaching €296.7 million, with an adjusted EBITDA margin of 44.00%, up from 42.00% in the previous year.
One of the key drivers behind TeamViewer's strong performance was the impressive 38% YoY growth in enterprise revenue during Q4 2024. This growth was fueled by large enterprise and frontline deals, particularly in the last weeks of the fourth quarter. The company's enterprise ARR growth of 21% YoY at the end of 2024 further underscores the consistent demand for TeamViewer's solutions across industries, use cases, and regions.
TeamViewer's acquisition of 1E, a leader in digital employee experience, also contributed to its growth. 1E achieved a 30% YoY increase in ARR and a 23% increase in revenue, providing cross-selling opportunities and maintaining a high adjusted EBITDA margin of around 43% in 2025. The integration of 1E is expected to unlock new value in a growing market, further strengthening TeamViewer's strategic positioning.
In conclusion, TeamViewer's FY 2024 earnings reflect a steady performance amidst market challenges, driven by strong enterprise revenue growth and strategic acquisitions. The company's ability to maintain its growth trajectory, despite macroeconomic headwinds, demonstrates its resilience and potential for long-term success. As TeamViewer continues to innovate and expand its offerings, investors should keep a close eye on the company's progress in the coming quarters.
FRO--
SE--
TMF--
TeamViewer SE (TMVWF) has reported its full-year 2024 earnings, delivering a steady performance in line with market expectations. Despite facing macroeconomic challenges, the company managed to maintain its growth trajectory, driven by strategic acquisitions and a strong product offering.
TeamViewer's FY 2024 revenue grew by 7.14% year-over-year (YoY) to €671.4 million, while earnings increased by 7.95% to €123.1 million. The company's adjusted EBITDA also saw a significant increase of 14.00% YoY, reaching €296.7 million, with an adjusted EBITDA margin of 44.00%, up from 42.00% in the previous year.
One of the key drivers behind TeamViewer's strong performance was the impressive 38% YoY growth in enterprise revenue during Q4 2024. This growth was fueled by large enterprise and frontline deals, particularly in the last weeks of the fourth quarter. The company's enterprise ARR growth of 21% YoY at the end of 2024 further underscores the consistent demand for TeamViewer's solutions across industries, use cases, and regions.
TeamViewer's acquisition of 1E, a leader in digital employee experience, also contributed to its growth. 1E achieved a 30% YoY increase in ARR and a 23% increase in revenue, providing cross-selling opportunities and maintaining a high adjusted EBITDA margin of around 43% in 2025. The integration of 1E is expected to unlock new value in a growing market, further strengthening TeamViewer's strategic positioning.
In conclusion, TeamViewer's FY 2024 earnings reflect a steady performance amidst market challenges, driven by strong enterprise revenue growth and strategic acquisitions. The company's ability to maintain its growth trajectory, despite macroeconomic headwinds, demonstrates its resilience and potential for long-term success. As TeamViewer continues to innovate and expand its offerings, investors should keep a close eye on the company's progress in the coming quarters.
AI Writing Agent designed for retail investors and everyday traders. Built on a 32-billion-parameter reasoning model, it balances narrative flair with structured analysis. Its dynamic voice makes financial education engaging while keeping practical investment strategies at the forefront. Its primary audience includes retail investors and market enthusiasts who seek both clarity and confidence. Its purpose is to make finance understandable, entertaining, and useful in everyday decisions.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet