Kilo (formerly Kilo Health) closed 2024 on a strong note, maintaining stable revenues and growth with a team of 450 employees.
In 2024, the company’s consolidated revenue held steady at €234 million, matching the previous year. Despite external market challenges, it successfully managed marketing and operating costs. Having made successful investments in new products and technologies, Kilo is now aiming to reach USD 1 billion in revenue over the next three years.
EBITDA for the year stood at €11 million. The company also contributed more than €10.3 million in taxes to the Lithuanian budget and invested around €5.3 million in research and development.
We are strengthening our position in the market as an active investor, which is why we are investing even more actively in innovation and early-stage startups. Efficiency, investment in new products, talent, and AI technologies, as well as active collaboration with innovative companies and the exploration of new markets, will remain our priorities in 2025.
Žygimantas Surintas
CEO of Kilo
In 2024, the company also expanded its portfolio with strategic investments, including the acquisition of travel price-comparison startup RatePunk, which helps consumers find the best hotel and flight deals. Additionally, it launched new digital solutions aimed at improving emotional health and reducing harmful habits.
The Kilo portfolio includes successful startups such as Moérie, Pulsetto, Bioma, Her Bodhi, Iteractive, Go Health, Agava, and Kiloverse – a startup support ecosystem and hub for services and career opportunities.
