In a digital event held for current shareholders and potential investors, Telelink Business Services Group (TBSG) presented its updated financial outlook and strategic highlighters for the 2024-2028 period. The management expects 2024 revenue of EUR 115.2m (+22% YoY), which is 8% lower compared to the initial guidance. However, gross profit and EBITDA margins are expected to come at 9% and 5.1%, or 2p.p. higher compared to the previous forecast. At the bottom-line, net profit is planned to register 21% YoY growth to EUR 5.9m. The improved profitability could come from a lower investment budget for new business/markets initiatives, which was cut by EUR 0.7m, as well as a higher share of enterprise-related revenue in the top-line mix. Looking over the forecast horizon, management plans predominantly for lower revenues but higher profitability numbers compared to the previous outlook. Overall, TBSG is expected to sustain revenue CAGR of 18% for the 2024/28 period. EBITDA margin is expected to gain 7.1p.p. over the horizon up to 15.4%. Net profit is expected to reach EUR 23.4m by 2028, which translates to a CAGR of 37% and net margin of 10.8%. Sector-wise, enterprise sales are expected to shape 49% share in 2028 revenue mix, compared to 19% in 2024. In addition, the revenue from developed markets is forecasted to increase significantly up to EUR 66.4m in 2028 as a result of strategic investment plans.