Tuesday, 15 October 2024 09:42

EDA Group sets revenue records for FY23 and the 12 months ending July 2024

We are pleased to share the impressive results achieved in the financial year 2023, where EDA Group reached a record revenue of 44.5 MUSD.

In the period from July 2023 to July 2024, EDA Group also registered a total of 52.4 MUSD, setting a new benchmark for the company and reaffirming the strength of its vision and strategy.

This success is due to two major factors:

- Continuous challenges in the SiC and GaN markets, where demand for innovative solutions has been rising. These challenges drive EDA to constantly innovate, and in the near future, the company is set to introduce new groundbreaking solutions tailored to these markets.

- Entrepreneurial foresight and long-term vision, which are deeply ingrained in EDA's core values. This approach has enabled the company to anticipate market trends and remain ahead of the curve, not only in the semiconductor industry but also in expanding into adjacent business sectors.

Additionally, sustainability has become a core principle in EDA's business conduct. The company is committed to aligning its growth and innovations with sustainable practices, ensuring a responsible approach to both its customers and the environment.

Luca Lillacci, General Manager and overseeing EDA Group Operations, affirms: «These results reflect the relentless effort and dedication of our entire organization. The challenges we face, particularly in the SiC and GaN sectors, push us to continuously innovate, and sustainability plays a key role in everything we do. We are confident that the work we are doing today, especially in expanding into adjacent markets, will deliver new successes in the same way we have thrived in the semiconductor industry. Our journey is ongoing, and we are excited about the opportunities that lie ahead».

Together, the EDA team looks forward to achieving new milestones as it continues to drive innovation and excellence.

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