LUIS reports 2024 financial results

Strong growth for the third consecutive year

LUIS is proud to share its financial results for 2024. The numbers reflect a clear strategy, technological innovation, and a strong team effort.

42% revenue growth

For the third year in a row, we achieved substantial double-digit revenue growth. This success was driven by our continued focus on large fleet and OEM customers, as well as the successful market launch of the AI-powered LUIS EDGE AI camera in 2023.

Reinvesting in innovation

We reinvested approximately 20% of our annual revenue directly into research and development – a record level for LUIS. Our commitment to innovation is key to enabling sustainable, long-term growth through new technologies and products.

Outlook for 2025

With a solid order book and a strong product pipeline, we are entering the new year with confidence. We are planning for another year of significant double-digit growth.

Team expansion continues

In 2024, we have already welcomed 13 new team members. By the end of the year, we expect to add approximately 15 more, supporting our continued growth and development.

A sincere thank you to our team, our partners, and our customers. This success is a shared achievement.