Cogia AG: Cogia doubles its EBITDA compared to the previous year to EUR 620,000 and achieves a net profit of EUR 1.9 million

Frankfurt am Main, 12 June 2024 - Cogia AG (ISIN DE000A3H2226), a leading provider of secure digital communication and AI-based semantic solutions and big data analytics, announces its financial results for the financial year 2023.

Cogia AG doubled its consolidated EBITDA from EUR 310,000 in the previous year to EUR 620,000 in the reporting year 2023. In addition, the company achieved a net profit of EUR 1.9 million, which represents a significant turnaround and underlines the effectiveness of its strategic initiatives.

Pascal Lauria, CEO of Cogia AG, is very pleased with the company's robust performance and future prospects: "Last year's very good result reflects our commitment to innovation and excellence. We look to the future with confidence. We are working on several promising projects and aim to significantly increase the value of the company. ‘

Cogia AG continues to expand its presence in various industries, building on its success with key customers and strategic partnerships. With its focus on AI-driven solutions, the company is well positioned to capitalise on the growing demand for secure communication and advanced analytics.

If you are interested in Cogia AG's consolidated financial reports and annual financial

statements for 2023, please contact us at ir@cogia.de.

About Cogia AG:

Cogia AG, headquartered in Frankfurt am Main, Germany, specialises in software development with a focus on AI-based monitoring and analysis technologies. Through its subsidiaries Cogia GmbH and elastic.io GmbH, the company offers advanced solutions for customer experience management and hybrid integration platforms, serving a diverse customer base in Europe and worldwide.

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