Thinc Collective Sets Ambitious Financial Goals for 2024-2029
Thinc Collective announces new financial targets emphasizing growth and improved EBITDA margin.
Key Points
- • Thinc Collective sets new financial goals for 2024-2029.
- • Aims for over 10% annual organic growth for agency revenue.
- • Targets an EBITDA margin of at least 7% by 2029.
- • Q2 2025 revenue reported at 70.5 million SEK, with EBITDA up to 6.6 million SEK.
Thinc Collective has unveiled its financial objectives for the period from 2024 to 2029, emphasizing a focus on consolidation, organic growth, and improved cash flow. The announcement, made on August 26, 2025, outlines an ambitious average annual organic growth target of over 10% for the agency revenue. Additionally, the company aims to achieve an EBITDA margin of at least 7% by the end of the target period.
In its recent financial performance report for the second quarter of 2025, Thinc Collective reported total revenues of 70.5 million SEK, down from 76.8 million SEK in the same quarter of the previous year. However, the company's EBITDA showcased a significant upturn, rising to 6.6 million SEK compared to 3.4 million SEK year-over-year. Notably, agency revenue experienced a positive shift, reaching 23.1 million SEK, increased from 18.6 million SEK in the prior year.
CEO of Thinc Collective emphasized the company's commitment to these new goals, stating, "We are confident in our strategy and believe that our focus on organic growth and cash flow will drive us to achieve these targets effectively." With these initiatives, Thinc Collective aims to solidify its market position while enhancing financial health in the competitive business landscape.
Overall, Thinc Collective's new financial targets reflect its adaptive strategy amidst fluctuating market conditions and its aim for sustainable growth into the next decade.