Infinigate reports 16% revenue growth for Q1 2024-2025

Infinigate has reported significant revenue growth for the first quarter of the financial year 2024-2025, which began in April 2024. The company's quarterly earnings show a 16% year-on-year increase compared to the same period last year. The growth was particularly marked in Europe, where results for this period indicated substantial improvement over the previous quarter.

Infinigate is a value-added distributor specialising in cybersecurity solutions. The company operates across multiple regions, including Europe, the Middle East, and Africa (EMEA). Infinigate partners with top-tier cybersecurity vendors to provide innovative solutions that protect businesses against an ever-evolving threat landscape. The company’s extensive network of resellers, managed service providers (MSPs), and managed security service providers (MSSPs) enables it to deliver cutting-edge technology and services tailored to the specific needs of its clients. 

Klaus Schlichtherle, CEO of the Infinigate Group, expressed confidence in the company's direction. "Our quarterly financial results demonstrate that we are on the right trajectory to achieve our targets. We will continue to build on them with the benefit of our unique technology platform, our strong vendors partnerships, our loyal ecosystem of partners, our increased geographical footprint and our technical and business expertise to intercept the cybersecurity market growth," Schlichtherle stated.

He also highlighted the performance in the Middle East and Africa (MEA) region, noting, "Infinigate MEA is still the stellar performer, but Europe is growing steadily, fuelled by our cloud-based CSP, MSP & MSSP businesses."

Kristiina Leppänen, CFO at the Infinigate Group, commented on the promising start to the financial year. "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," Leppänen said.

The robust first-quarter performance is attributed to several factors, including continuous and solid alliances, progressive process automation, and digitalisation efforts aimed at optimising efficiency and productivity. This approach has allowed the company to respond effectively to market demands and opportunities.

Infinigate also has its sights set on future growth, both organic and through acquisitions. As part of its strategic expansion, Infinigate made a notable investment in early July by entering the Australian and New Zealand markets through the acquisition of Wavelink, which is now part of the Infinigate Group.

The strong first-quarter results reflect Infinigate’s strategic focus on expanding its market presence and optimising operations across its global regions. With its recent acquisition in the Australian and New Zealand markets, the company is well-positioned to continue its growth trajectory. As Infinigate moves forward, it will likely maintain its emphasis on building robust partnerships and enhancing digital capabilities to meet the evolving demands of the cybersecurity industry.