The digital community builder Redpill Linpro, which delivers consulting services, cloud operations and is a reseller of products and services with a strong focus on open source, has today presented its results for 2024. Despite a challenging economic environment, the company has delivered strong margins. Redpill Linpro has operations in Sweden, Norway and Denmark and reports continued stability in a changing market.

Turnover in 2024 reached 728 million and the company achieved a profit of 73 million SEK, corresponding to a profit margin of 10 percent. For the company's own consulting business, which forms the core of Redpill Linpro's offer, the profit margin was 15 percent. Despite a challenging market, the company has managed to maintain the workforce at the same level as at the turn of the year 2023/2024.

– That we have managed to maintain good profit margins and retain our workforce despite a challenging market is a clear result of our hard work in 2024. Our employees are the key to our success, and I feel confident that we are well equipped when the market turns up again,says Henrik Gavelli, President and CEO of Redpill Linpro.

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He continues:

– I am also very pleased that we continued to demonstrate strength in our core area. The experience, deep technical expertise and specialist knowledge of our consultants are crucial to our clients' success. During the year, we have also further strengthened our organisation with experienced specialists to meet our clients' needs. We have expanded from 10 companies to 15 specialised business units, creating a solid foundation for continued growth.

In 2024, Redpill Linpro continued to further develop its offering to meet the growing demand for digital services in both the public and private sectors. Following the expansion into more business areas, the company now offers consulting services in digital community building, including development, infrastructure, cloud services, analytics, digital business support, IT management and cybersecurity.

2024 was also the year when AI became a natural part of many projects and the company's employees use AI tools daily to increase efficiency and create added value for customers. Redpill Linpro supports its customers in a wide range of AI projects – from driving increased sales for telecom operators to developing self-driving vehicles in industry.

– I am very proud of the trust we continue to receive from our customers to help build a stronger digital society. Despite a challenging market and geopolitical uncertainty see We continue to see a great need for digitalization. We are following with great interest how Europe is working to strengthen its digital sovereignty, where open source plays a central role as an enabler, it is a business opportunity for Redpill Linpro, concludes Henrik Gavelli.