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Henrik Gavelli, President and CEO Redpill Linpro Henrik Gavelli, President and CEO Redpill Linpro
Henrik Gavelli, President and CEO Redpill Linpro

Redpill Linpro continues to show strong margins despite challenging market conditions

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 show strength in our core area. Our consultants' experience, deep technical expertise and specialist knowledge are crucial to our customers' success. During the year, we have also further strengthened our organization with experienced specialists to meet our customers' needs. We have expanded from 10 companies to 15 specialized business units, creating a solid foundation for continued growth.

Under 2024 har Redpill Linpro fortsatt att vidareutveckla sitt erbjudande för att tillgodose både offentlig och privat sektors växande efterfrågan på digitala tjänster. Efter expansionen till fler affärsområden erbjuder bolaget nu konsulttjänster inom digitalt samhällsbyggande, inklusive utveckling, infrastruktur, molntjänster, analys, digitalt affärsstöd, IT-management och cybersäkerhet.

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 sale for telecom operators to develop self-driving vehicles in industry.

I am very proud of that. confidence vi fortsatt får från våra kunder att bidra till att bygga ett starkare digitalt samhälle. Trots en utmanande marknad och geopolitisk osäkerhet ser vi ett fortsatt stort behov av digitization. Vi följer med stort intresse hur Europa arbetar för att stärka sin digitala suveränitet, där open source spelar en central roll som möjliggörare, det är en affärsmöjlighet för Redpill Linpro, concludes Henrik Gavelli.

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