Infinigate Group Reports Strong Revenue Growth for the First Quarter of the Financial Year 2024-2025
Rotkreuz, Switzerland – The Infinigate Group, a leading technology platform and trusted advisor in cybersecurity, cloud, and networking infrastructure, has announced its financial results for the first quarter of the financial year 2024-2025, which began in April 2024. The results show a significant uptick in revenue growth, particularly for its European countries.
The revenue increase represents a +16% Year on Year rise compared to the same period last year and is particularly significant for Europe, where Infinigate’s results show a marked improvement on the previous quarter.
“We are pleased to announce our strong financial results for the first quarter of the financial year 2024-2025. Our revenue growth of +16% Year on Year demonstrates that we are on the right trajectory to achieve our targets,” said Klaus Schlichtherle, CEO of the Infinigate Group. “We will continue to build on this success with the benefit of our unique technology platform, strong vendor partnerships, loyal ecosystem of partners, increased geographical footprint, and technical and business expertise to intercept the growing cybersecurity market. We are particularly proud of our performance in Europe, where our cloud-based CSP, MSP, and MSSP businesses are driving steady growth.”
Kristiina Leppänen, CFO at the Infinigate Group, added, “We are pleased to see a strong start to the year, with our revenue showing significant growth. We plan to sustain this trend through operational excellence in a challenging market environment.”
The company’s strong results are the product of continuous development and solid alliances and partnerships, as well as progressive process automation and digitalization for optimized efficiency and productivity.
The outlook for Infinigate is positive, with projected continued growth, both organically and through acquisitions. In line with this strategy, Infinigate made a strategic investment in early July, securing a foothold in the Australian and New Zealand (ANZ) market through Wavelink, now an Infinigate Group company.
About the Infinigate Group
The Infinigate Group is a leading technology platform and trusted advisor in cybersecurity, cloud, and network infrastructure, covering over 100 countries. In the 2023-2024 financial year, the Infinigate Group’s revenue reached 2.3B€. The company’s focus and deep technical expertise in cybersecurity, secure networks, and secure cloud for SMB and enterprise set it apart. With 1,250 employees, the Infinigate Group provides locally tailored services complemented by a robust central supply chain, sparking growth for its partners, MSSPs, and vendors.
In 2022, Starlink, Vuzion (now Infinigate Cloud), and Nuvias became part of the Infinigate Group.
For more information, please visit www.infinigate.com.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.