Friday, 31st October 2025

Span Group Sees Explosive Growth in 2024

Span’s net profit surges by 173%, with a strong focus on cloud, cybersecurity, and AI for future growth

Span Group, a rising star in the European tech sector, has announced impressive results for 2024, with revenues reaching €182 million—up 26% from the previous year.

The company’s net profit saw an extraordinary 173% increase, climbing to €3.4 million. International markets accounted for 74% of its revenues, with notable gains in Ukraine and Slovenia.

The biggest leap was recorded in its software and business solutions division, where revenues rose by 31%.

Span’s robust performance is a testament to its strategic focus on high-growth sectors such as cloud computing, cybersecurity, and artificial intelligence.

Nikola Dujmović, CEO of Span, stated that the results achieved in 2024 laid a strong foundation for further expansion that year.

With a 40% increase in EBITDA before one-off items and a 63% rise in EBITDA after them, the company is well-positioned to continue its rapid ascent in the competitive IT landscape.

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