Financial overview Vibe Group
On this page you’ll find a summarized unaudited financial overview of the first HY of 2023.
Please feel free to contact Johan Bogaard, CFO for any further details.
The #1 in IT staffing & consulting
Vibe Group Half Year Results 2023
Mission & strategy
→ Our vision
To be the number 1 in IT Staffing & Consulting
→ Our purpose
Creating the future
→ BHAG
2525 Vibers in 2025
Our services
Contracting
Consulting
Permanent
Temp to Perm
Geographic breakdown
Half Year Results 2023
Our growth is driven by demand for talent and high productivity
Key takeaways
Double digit revenues growth
Consistent gross profit growth
Excellent visibility of future net fees
Strong balance sheet
Very strong profit growth
Revenues €119.0m
up 17.2% vs 2022
Gross profit €26.4m
up 9.9% vs 2022
EBITDA €5.3m
down 20.6% vs 2022
Professionals out 1.423
up 10.3% vs 2022
Johan Bogaard, CFO Vibe Group:
“Vibe Group has delivered resilient revenue growth and profit numbers in the first half of FY23. This has been underpinned by our strategic focus on placing highly skilled IT talent, improving our learning & development cycle and further automation of our front- and backoffice processes. Despite moderate macro-economic headwinds and an exceptional prior-year performance, our seasoned and committed Vibers delivered again a significant revenue growth.”
⤵ Scroll through these slides for more financial details ⤵
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