2CRSi announces consolidated revenue of €220 million

Strasbourg (France), July 25, 2024 - 2CRSi (ISIN: FR0013341781), a leader in the design and manufacture of high-performance, energy-efficient computer servers, today announces its consolidated revenue for the period from March 1, 2023, to June 30, 2024, a total of 16 months. During this period, the Group achieved revenue exceeding €220 million¹.

This level of activity is in line with the target announced in May 2024 (over €190 million), which had already been revised upwards from an initial target of “over €150 million” announced on February 22, 2024. 

The performance achieved during this period illustrates the current commercial momentum of the Group, driven by the surge in global demand for artificial intelligence solutions (servers and computing power in the Cloud).

80% of Sales Driven by Artificial Intelligence - An International Reach

It should be noted that the revenue for this period includes four months of activity from Boston Limited, which was sold in June 2023. Excluding this contribution, 2CRSi Group’s revenue amounts to over €175 million, with 12% in the EMEA region, 17% in North America, and 71% in Asia, covering a total of 31 countries.

Solutions specifically designed for artificial intelligence and equipped with Nvidia components, our range Godì 1.8, accounted for more than 80% of the sales during this period.

Upcoming Announcement: 2023-2024 Fiscal Year Results

Due to changes in the fiscal year duration (end of June vs. end of February), changes in the Group’s scope (sale of Boston Ltd), accounting standards (from "French GAAP" to "IFRS"), and management software (ERP), the results for the 2023- 2024 fiscal year and the financial report will be finalized by October 31, 2024, at the latest.

¹ Consolidated figures, "French GAAP", unaudited