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Simplified Income Statement

🔗 [French] Statutory auditor's report on the 2024 financial statements (PDF)

Annual Recurring Revenue up 23%

This growth is the result of investments made in previous years: new verticals (Santé in January 2023, and Tech et Médias, which replaced Numérique in November 2023), a doubling of the commercial team between 2022 and 2023, and continued product improvements - both editorial and functional - including automated monitoring of French parliamentary activity.

€1 Million in operational cash flow

In 2023, we made the strategic decision to strengthen our cash flow in order to improve resilience and enable more ambitious investment in the future. That strategy has proven successful: the business generated €1 million in additional cash flow in 2024. As a result, we are entering our international expansion phase stronger than ever.

A near break-even net result, excluding subsidies

To fulfil its mission, Contexte aims to grow while remaining independent. Achieving this dual ambition requires profitability (to invest without raising external funds) without relying on subsidies (to avoid financial dependence on our editorial focus: politics). This is why the income statement above reports profitability figures excluding subsidies. And for the first time in its history, Contexte has come close to achieving net profitability without subsidies, with a shortfall of just €26,000.

In the interest of transparency, here is a breakdown of the subsidies Contexte received in 2024: €289,000 from the fonds d’aide au pluralisme des services de presse tout en ligne, €5,000 for a cybersecurity audit, €8,000 to support hiring apprentices, and €120,000 in innovation tax credits (allocated specifically to developing automated monitoring features).

14,000 paying readers

These professionals are spread across 1,600 subscribing organisations. Two-thirds work in the private sector (companies or associations), while one-third are in the public sector (local authorities, institutions, or educational establishments).

100 employees at the end of 2024

As of the end of 2024, the team consisted of 56 journalists (38 in Paris, 18 in Brussels, plus a network of 20 freelance contributors), 25 sales and marketing staff, 14 tech and product specialists, and 5 finance and HR professionals.