Annual report

Milestone Systems Annual Report 2024

LETTER FROM OUR EXECUTIVE DIRECTORS

New beginnings for Milestone

2024 saw a remarkable transformation and success for Milestone. We broke new ground through the strategic acquisition of BriefCam and Arcules, developed our product offerings, and strengthened our partnerships. In a time of significant global change, we are well positioned to lead the next wave of technological innovation.

The year in numbers

2,003

Net revenue (DKK million)

Milestone had a net revenue of 2,003 DKK million in 2024 growing from 1,017 DKK million in 2020.

178.5

Profit before tax (DKK million)

Milestone had a profit before tax of 178.5 DKK million in 2024 growing from 66.6 DKK million in 2020.

1,471

Employees in Milestone

Milestone has grown from a total number of employees at year-end of 934 in 2020 to 1,471 in 2024.

Number of locations

Milestone is present in 26 countries in 8 regions

BUSINESS MODEL AND STRATEGY

New opportunities in our business model

The DNA of Milestone is unchanged. We are a leading provider of open platform video technology software. Our software enables integration with the industry’s widest choice of cameras, devices, and best-in-class business solutions.

Responsible technology

Responsible technology in practice

We are committed to setting the standard for responsible, data-driven video technology – advancing beyond security to support businesses and society. Responsibility is our license to operate and is embedded in our partnerships, products, and impact.  

People and Culture

Strengthening our culture in times of growth and change

With over 250 new colleagues and additional organizational changes, 2024 was a litmus test for Milestone’s People First approach. Milestone now boasts a global team of close to 1,500 employees, representing over 70 nationalities across various countries.

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Milestone annual report 2024

Milestone annual report 2023

Milestone annual report 2022

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