{"id":7834,"date":"2022-10-03T11:03:15","date_gmt":"2022-10-03T09:03:15","guid":{"rendered":"https:\/\/miogroup.com\/blog\/miogroup-reports-a-record-e35m-in-the-first-half-of-2022\/"},"modified":"2026-07-10T14:29:08","modified_gmt":"2026-07-10T12:29:08","slug":"miogroup-reports-a-record-e35m-in-the-first-half-of-2022","status":"publish","type":"post","link":"https:\/\/miogroup.com\/en\/blog\/miogroup-reports-a-record-e35m-in-the-first-half-of-2022\/","title":{"rendered":"MioGroup Reports a Record \u20ac35M in the First Half of 2022"},"content":{"rendered":"\n<p> <strong> MioGroup<\/strong>, a strategic consulting firm specializing in marketing and digital transformation services, has reported its results for the first half of 2022, which show <strong>record revenue of 35 million euros<\/strong>\u2014a 14% increase over the first half of the previous fiscal year. This growth\u2014both organic and inorganic\u2014is driven by the business contributed by the most recently acquired companies and the Group\u2019s commitment to geographic diversification, high-value-added services, talent, and technology. <\/p>\n<p>The combination of <strong>60% organic growth<\/strong> and the acquisition of two companies in the first half of the year has increased the gross margin by 44% compared to the same period last year. This increase reflects the positive performance of the business, driven by a stronger positioning of its offering, greater differentiation from the competition, and a more diversified range of services that customers perceive as having greater value. <\/p>\n<p><strong>Yago Arbeloa, President of MioGroup<\/strong>, stated that \u201c<em>Our performance in the first half of 2022 should be viewed from the perspective of a company undergoing transformation following our initial public offering last summer. We have worked to strengthen the Group\u2019s organizational structure to prepare it to accommodate inorganic growth following the acquisition of new companies, as well as to expand our offerings internationally <\/em>&#8220;.<\/p>\n<p><strong>MioGroup<\/strong> is growing across all its business lines, particularly in strategic digital marketing consulting, where it has diversified its portfolio of high-value-added services, especially in data and branding. To this end, it has acquired two companies and is now embarking on an integration process that will multiply the Group\u2019s added value. <strong>Datarmony<\/strong>, a consulting firm with more than 20 employees, specializes in developing data analytics solutions based on artificial intelligence and machine learning. And <strong>FIRMA<\/strong>, with 60 employees, provides highly specialized consulting and brand image services. Both are based in <strong>Barcelona<\/strong>, and <strong>FIRMA<\/strong> also has an office in Miami that complements the Group\u2019s presence in Mexico.   <\/p>\n<p>The company has also committed to international expansion through partnerships with independent European firms\u2014in<strong>the United Kingdom, Italy, and Germany, among others\u2014<\/strong>to serve clients seeking strategies in different countries under centralized management. Furthermore, key areas of the organization and its senior leadership team have been strengthened with the addition of five senior executives to reinforce the Group\u2019s structure and prepare it to support organic and inorganic growth, as well as scale its operations internationally. In addition, the workforce has grown accordingly, reaching <strong>279 employees<\/strong> at the end of the half-year. As part of its commitment to attracting and retaining talent, the Group has approved a plan to incentivize its key employees through a stock option plan.   <\/p>\n<p>Meanwhile, <strong>MioGroup<\/strong> <strong>has continued to prioritize technology and the development and evolution of proprietary products<\/strong> as a key differentiator of its services. Specifically, during the first half of this year, it developed a new model for measuring the impact of outdoor advertising as part of its proprietary <strong>SPOON<\/strong> technology. This model, combined with the existing ones for TV and radio, enables comprehensive measurement of the impact generated by all offline media investments\u2014including those in brand sponsorships, both directly and through contributions to digital channels\u2014as well as the optimization of media mixes to maximize business return.  <\/p>\n<p>In short, the results presented <strong>demonstrate the company&#8217;s commitment to talent<\/strong>, <strong>technology, and the integration of services<\/strong> to build an increasingly competitive, differentiated value proposition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Group reported record revenue of 35 million euros, up 14% from<br \/>\nthe same period last year, thanks to organic and inorganic growth and the<br \/>\ndiversification brought about by the most recently acquired companies.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[201,215],"tags":[235,234,236,233],"class_list":["post-7834","post","type-post","status-publish","format-standard","hentry","category-corporative","category-news","tag-business","tag-financial","tag-results","tag-revenue"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MioGroup Reports a Record \u20ac35 M in the First Half of 2022<\/title>\n<meta name=\"description\" content=\"The Group reported record revenue of 35 million euros, up 14% from the same period last year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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