Surge in revenue reflects robust market position and operational excellence
Oslo, Norway – May 2nd, 2025 – Appear, a global leader in live production technology, today announces revenues of NOK 606 million in 2024, up from NOK 418 million in 2023, and an operating profit of NOK 73 million (33). Growth, innovation and positive development are expected to continue in 2025.
“2024 was another year of strong, sustained growth, driven by both new customer acquisitions and increased demand from our existing customers. Our flexible, space-and energy-efficient solutions are gaining traction across the live production value chain, helping us capture market share in an industry driven by a fierce race for the best content rights and most attractive productions. By continuously building organizational strength, expanding our product portfolio and refining our go-to-market strategy, we are well-positioned for continued profitable growth in 2025,” says Thomas Bostrøm Jørgensen, Chief Executive Officer of Appear.
Appear reported total revenues of NOK 606 million (417) in 2024, and EBITDA of NOK 78 million, up from NOK 35 million in 2023, and an EBIT of NOK 73 million (33).
The company will continue to focus on organic and acquisitive growth, and has signaled that capital market transactions, including a potential listing on the Oslo Stock Exchange, could serve as a catalyst for further expansion. With global brands like Netflix, Amazon, Google, NBCUniversal, and Formula 1 on the customer list, Appear is well-positioned to capitalize on the surge in investment in live TV content worldwide.
“When the world tunes in to watch elite athletes compete on the global stage or experiences the intensity of a high-stakes sports event, Appear is instrumental in acquiring and processing world-class content that is delivered in real-time to hundreds of millions of screens and devices. Our ambition is to be the fastest-growing and most profitable company in live production technology. With several new high-end customers joining us in 2025, we’re already scaling new heights.” Bostrøm Jørgensen concludes.
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About Appear
Headquartered in Oslo, Norway, Appear is a leader in live production technology, specialising in high-capacity, sustainable solutions for media processing and content delivery. Our portfolio is designed to support the most complex scenarios of live event contribution, adapting seamlessly to the ever-evolving dynamics of the media, entertainment, and sports industries. Over the past 20 years, Appear’s world-renowned team of experts made us the most progressive and forward-thinking company in the industry. Our relentless emphasis on modularity and functional versatility places us at the forefront of driving innovation in live production technology. We proudly count the world’s leading content creators amongst our esteemed list of customers who trust our solutions to deliver the highest profile live media with integrity and efficiency. Appear’s global operation includes centres of excellence in London and Los Angeles.
Media Contact:
Corporate Communications
Email: Geir.Bjorlo@corpcom.no