HopsCotch Groupe: Annual Results 2024

press release
Paris, March 31, 2025 17H35
The annual results section

HopsCotch Groupe
2024 Annual results

An ambition: reaching 200 million euros in gross margin by 2030

HopsCotch (Euronext Growth Fr0000065278), a communication consulting group and a key player in digital, public relations and eventsannounces the publication of his annual accounts on December 31, 2024. These accounts were approved by the Executive Council and validated by the Supervisory Board on March 31, 2025, together with the strategic vision of the group for the next five years.

A vision made possible by:

• A successful growth strategy: 104.8 million EUR in gross margin, +12.8% compared to 2023;
• An organizational structure conceived to create value: 9.2 million euros in operational profit, representing 8.7% of the gross margin;
• A solid financial structure: 34.1 million euros in equity of shareholders and EUR 7.7 million in net cash;
• Strong growth levers to overcome 200 million euros in gross margin by 2030, targeting an operational profit margin of 12%.

Frédéric Bedin states: “The Hopscotch brand is established as a key player on the market, with a clear ambition for consolidation and growth. In 2024, we fully used this recognition, we have strengthened our management and we accelerated our international extension.

The following years will be marked by extension for Hopscotch.

Due to our international staircase and unique positioning – which makes us the only agency that combines communication consultancy, influence and production of events on growing markets – as well as our proven purchase strategy, we confidently say our ambition to reach 200 million euros in gross margin by 2030, with an operational margin of 12%. “

Consolidated income

In thousands of euros	2024	2023	Change
Income	319 054	271 373	+47 681
Gross margin	104 783	92 934	+11 849
from which the costs of the labor force of which freelance from which the business development costs Other expenses	(71 338) (3 407) (2 543) (14 789)	(62 414) (2 674) (2 393) (14 411)	+8 924 +733 +150 +378
Operational profit	9 163	9 927	(764)
The share of profit from the associates Financial result tax	(476) (1 641) (2 144)	(85) (2666) (1 992)	(391) (1025) (152)
Net profit attributed to the group	4 824	4 568	+ 256

A successful growth strategy
In 2024, the consolidated revenues of the group reached EUR 319.1 million (+17.7%), and the consolidated gross margin was EUR 104.8 million (+12.7%).
This new recording confirms the growth trajectory initiated by the group through strong organic growth levers and a dynamic external growth strategy.
Regarding the purchases, the successful integration of the interface tourism – now Hopscotch tourism – contributes to 9% of the gross group margin. In addition to incorporating solid expertise in the tourism industry, this acquisition strengthens Hopscotch’s international presence, especially in Europe, and favors significant commercial synergies.
This acquisition completes the organic growth of the group, which amounts to +4% for the year, excluding the decrease of operations in North America.

An organizational structure to provide value
Personnel expenses were elevated to EUR 71.3 million, representing 68.1% of the gross margin.
External expenses totaled EUR 18.8 million, or 17.9% of the gross margin, with limited increase, given the integration of interface tourism.
EBITDA/AL (except IFRS 16 The accounting impact of the capitalization of the lease) was 9.1 million EUR in 2024, an increase of 2.2 million EUR compared to 2023.
Depreciation and depreciation expenses for 2024 have been elevated to EUR 5.0 million, including EUR 4.0 million in depreciation of IFRS 16. The year also recorded a reversal of the provisions of EUR 1.5 million, a decrease of EUR 1.7 million compared to the previous year. This explains the apparent decrease in consolidated operational profit and EBITDA/Al increase.
For 2024, the consolidated operational profit reached 9.2 million EUR, compared to EUR 9.9 million in 2023.
As expected, the integration of interface tourism – Hopscotch tourism – contributes positively to the group’s results. Hopscotch Tourism reported a gross margin of 9.5 million euros for the year and generated an operational profit of EUR 1.2 million, representing 12.2% of its gross margin.
Within the historical field of the group, North American operations have negatively affected the results of a brute margin deficiency of approximately 1.5 million EUR and non -refreshing reorganization costs of approximately 1 million EUR.
The financial result was EUR 1.6 million. After the share of the net profit from the companies respected by equity (-0.5 million EUR) and profit tax (-2.1 million EUR), the net profit assigned to the group was EUR 4.8 million.

A solid financial structure with over 7.6 million EUR in net cash
On December 31, 2024, the group was based on a strong financial structure, with the shareholders’ capital of EUR 34.1 million, compared to EUR 31.5 million on December 31, 2023. This includes the purchase of minority stakes – now the HopsCotch season – and the dividends paid for the previous year (EUR 1.9 million).
The cash flow from operations, except for the effects of IFRS 16, was 9.3 million EUR, compared to EUR 5.9 million the previous year. The modification of the working capital on December 31, 2024, was elevated to -7.5 million EUR, compared to EUR 5.7 million the previous year.
In 2024, the Hopscotch Groupe continued to reimburse its state-garanteed (PGE) loan for EUR 4.8 million. Excluding this loan, the total debt of the group increased by EUR 7.9 million in financial acquisitions, reaching EUR 20.3 million on December 31, 2024.
The active cash amounting to EUR 37.9 million, including 28 million euros, except for PGE, resulting in a positive net financial position of EUR 7.7 million.
The Executive Council will propose at the General Assembly, on May 27, 2025, the payment of a dividend of 0.65 EUR per action, unchanged from last year (ex-Dividend Date: July 3, payment: July 7, 2024).

Strong growth levers
The reputation devoted by Hopscotch, which reached the maximum during the Sports Holidays in Paris 2024, reaffirms its growth and development ambitions in the production and communications consultancy.
Already present in the strategic regions (Europe, Golf countries, Asia), Hopscotch intends to continue their international expansion through regional structures that ensure a high potential client.
Following successful integrations in strategic sectors such as tourism, which bring new expertise and talent, Hopscotch is ready to accelerate on promising markets, such as major-executed international events by Supercoppa Italy semi-final and final that took place in Riyadh, Saudi Arabia, on January 2-6, 2025.
Over 2025 and beyond, Hopscotch aims to adopt a targeted acquisition strategy to strengthen its geographical, sectoral and business positioning, to penetrate the new potential markets, create synergies and generate long -term value.
Supported by these growth levers, the group’s ambition for 2030 will reach a gross margin of 200 million euros, with a rock of 12%.

Future publications:

• H1 2025 Activity: Wednesday, July 30, 2025
• H1 2025 Results: Tuesday, September 30, 2025
• Income throughout the year: Tuesday, February 3, 2026

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Contact of relationships with investors

Pierre -Franck Moley – General Manager – Tel. 01 41 34 20 56 – pfmoley@hopscotchgroupe.com

Press the contact

Consciousness Jodie Knoepler – assistant to the Management Council – Tel. 01 41 34 20 51 – jodiekc@hopscotchgroupe.com
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About Hopscotch
HOPSCOTCH It is an international group of communications founded in France, led by an entrepreneurial vision and the complementary nature of its talents and expertise.
HOPSCOTCH It is a unique combination of expertise, determined by the conviction that the value of a company or organization consists in the quality of its relational capital.
With over 1,000 employees, half of them are based internationally (40 offices on 5 continents), HOPSCOTCH It covers all fields of communication: influence, events, public relations, activations, digital, internal communication, public business and marketing services.
HOPSCOTCH organizes its agencies around its fields of expertise:
Event: Hopscotch event, Hopscotch Congrès, HopsCotch Moments, Sagarmatha.
Public relations: Hopscotch PR, public PR system, human decision producers, Hopscotch.
Digital and marketing: Heaven, Ad Crew, Hopscotch Digital Studio.
Sectoral expertise: Hopscotch Cinéma, Hopscotch Luxe, Hopscotch season, Hopscotch Sport, Hopscotch Tourism.
HOPSCOTCH He has been employed in ambitious ecological and social initiatives for over 15 years, validated by internationally recognized RSC certifications, including the RSE Actives, ISO 20121 and the Ecovis platinum medal.
Listed on Euronext Growth Paris (ISIN code: Alhop FR 00000 6527 8), the group represents a turnover of EUR 319.1 million and a gross margin of EUR 104.8 million.
Follow us: www.hopscotchgroupe.com and on LinkedIn / x / Instagram / Bluesky @hopscotchgroupe

Eligible PEA PME

• HOPSCOTCH_PRESS RELEASE Annual results 2024