Globalsat, one of the most dynamic groups in the fields of technology and green energy, continued its steady growth trajectory, with its key financial figures and performance for 2024 reflecting the success of its long-term strategic plan.
The Group’s strong growth momentum and the expansion of its operations shaped a positive course for 2024, with turnover reaching €148.8 million — an increase of 25.9% compared to the previous year. Furthermore, the Group’s EBITDA rose by 35.5%, reaching €8.27 million, underscoring the effectiveness of Globalsat’s business strategy. Shareholders’ equity increased to €10.26 million from €9.55 million in 2024.
Looking ahead to 2025, the Group forecasts a further 15% increase in sales, along with continued strong financial performance, as a result of a strategy focused on four key pillars:
New strategic partnerships with leading global technology brands aimed at expanding the product portfolio.
Further development of the Private Label category, offering customized solutions tailored to partners and customers.
Expansion of value-added services, including full management of specific categories, Device-as-a-Service (DaaS) solutions, and communication and marketing services.
Significant growth in sustainability-focused operations, providing green technologies and integrated energy solutions that support businesses in transitioning to a more efficient and sustainable energy model.
New Corporate Identity and Technological Transformation
In the first half of 2025, and as it marks 30 years of dynamic presence in the market, Globalsat Group introduced a new corporate identity that reflects the Group’s strategic restructuring and future vision. The new logo symbolizes this strategic shift, designed to convey clarity, continuity, and progress. The three interconnected circular elements in continuous flow represent the three core pillars of the Group’s new model: Technology, Outsourcing, and Sustainability — three distinct yet interconnected areas forming a unified value ecosystem. The new tagline, “Where Technology Meets Sustainability”, clearly defines the Group’s direction moving forward.
At the same time, the Group continues to invest in digital infrastructure and data-driven operations to enhance partner and customer experience and enable strategic decision-making in a documented and agile manner. Additionally, Globalsat aims to optimize its supply chain, automate business processes, and process complex data using artificial intelligence technologies.
Ongoing Awards and Recognition
Globalsat’s consistent upward trajectory and commitment to sustainable and innovative entrepreneurship have been widely recognized by the market. The company was included in Naftemporiki’s “Leaders of the Greek Economy” list, was recognized by ICAP CRIF as one of “Business Leaders in Greece” for its outstanding profitability, and was honored as one of the “Diamonds of the Greek Economy” in the corresponding annual list.
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