Published on 2025-02-13LINK Mobility's interim report for the fourth quarter of 2024. The image features the company logo in the top left corner, the text "Interim Report" in bold blue letters, and "Fourth Quarter 2024" in smaller gray text. On the right side, a large blue circle contains the text "Q4" in light blue.

LINK Mobility Q4 2024 - Delivering another strong quarter

Q4 Interim Report 2024

LINK Mobility ASA Announces Strong Q4 Earnings Results 

Oslo – LINK Mobility Holding ASA, today announced its Q4 earnings results, showcasing another quarter of strong performance and strategic progress. 

For the fourth quarter of 2024, the company:  

  • Reported solid gross profit of NOK 436 million and adjusted EBITDA of NOK 213 million, reflecting organic growth in fixed currency of 8% and 12%, respectively. 

  • Acquired UK-based Reach-Data for an enterprise value of GBP 3 million, corresponding to an LTM EV/adjusted EBITDA multiple of 6.3x. 

  • Successfully completed a partial refinancing through issuance of a new EUR 125  million bond with subsequent bond buy-back, with the new bond carrying a coupon rate of 3-month EURIBOR + 2.35% per annum. 

“We are pleased to report a strong quarter concluding a year above expectations with double digit gross profit growth and improved profitability. Our organic business growth has outgrown the market and LINK continue to be in the forefront of market consolidation in Europe. We target value creation from both profitable organic growth and further accretive inorganic growth into 2025 and beyond”, says Thomas Berge, CEO of LINK. 

LINK Mobility reiterates it ambitions for delivering value through a strategy of organic and inorganic growth. 

Read the full earnings release here: