Ekinops ended FY 2022 with consolidated revenue of €127.6m, up 23% from the previous year (+19% at constant exchange rates).
Q4 2022 revenue totaled €31.5m versus €28.7 million a year earlier, representing an increase of 10% (+6% at constant exchange rates) despite the particularly strong pressure on the supply chain at year-end. The difficulties in delivering some orders at the end of the year resulted in a shortfall of a few million euros of revenue in Q4 2022 which will be shipped in early 2023 without causing major disruption to customers.
Ekinops said business activity and order intake remained vigorous.
The Group’s brisk growth in 2022 was fueled by strong demand for all its product lines, particularly for Optical Transport solutions (up 29% in 2022) which was boosted by the success of 200 Gb/s and 400 Gb/s WDM systems, notably in North America.
Access solutions reported annual growth of 20%, mainly driven by the sharp rebound in business in France.
The share of Software & Services continued to grow, representing 15% of Group revenue in 2022. Full-year revenue generated by Software & Services rose by over 38%, driven by sales of software which facilitates network functions’ virtualization and by a company focus on providing more services.
Q4 2022 revenue totaled €31.5m versus €28.7 million a year earlier, representing an increase of 10% (+6% at constant exchange rates) despite the particularly strong pressure on the supply chain at year-end. The difficulties in delivering some orders at the end of the year resulted in a shortfall of a few million euros of revenue in Q4 2022 which will be shipped in early 2023 without causing major disruption to customers.
