Overview

Introduction

Each annual yearbook summarises our view of the industry and the state of Magnetic Group. There is so much more worth exploring to what you read from the annual yearbook – we do not wish to overwhelm you here, instead, we invite you to experience Magnetic Group via various possible ways, such as passionate people, social media, industry events, or using our services and products.

Despite the yearbook presents historical numbers, then we run a 5-year plan for each business unit. No, we do not have a crystal ball, but for a successful vision to materialise one shall look beyond 12-months.

We remain determined to spread great passion and drive to the industry.

CEO

Risto Mäeots

2024 signified pivotal
turning point milestones
and challenges
for the aviation industry

2024

Key figures

  • REVENUE: 172 m EUR
  • EBITDA: 14 m EUR
  • NET PROFIT: 5 m EUR
  • OPERATIONAL CASH FLOW: 16 m EUR
  • INVESTMENT CASH FLOW: 8 m EUR
  • TOTAL ASSETS: 79  m EUR
  • WORKFORCE: 717

2024

Key figures

  • REVENUE: 172 m EUR
  • EBITDA: 14 m EUR
  • NET PROFIT: 5 m EUR
  • OPERATIONAL CASH FLOW: 16 m EUR
  • INVESTMENT CASH FLOW: 8 m EUR
  • TOTAL ASSETS: 79  m EUR
  • WORKFORCE: 717