Growth in sustainability, a look back at 2024

Klappir held its Annual General Meeting on 9. April 2025, reflecting on a robust fiscal year 2024. Our subscription revenue grew by 18.3%, and we closed the year with 26.0% EBITDA margin, a clear sign that our Sustainability Platform and business model are delivering value at scale.

"We continue to see rising demand for sustainability software, both in Iceland and across the Nordics. Companies of all sizes are now recognizing the importance of embedding sustainability into their operations, not just to meet regulatory requirements, but also to enhance efficiency and strengthen their brand as responsible, forward-thinking organizations,” said Jón Ágúst Þorsteinsson, CEO of Klappir.

Growth Driven by Innovation and Strong Partnerships
Our global network of our trusted partners played a key role in this growth, helping us reach more companies, more quickly, and with greater impact.

“We’ve built a strong global partner network worldwide. This network is a key pillar of our growth, allowing us to bring Klappir’s sustainability solutions to more companies, faster and with greater impact,” said Jón Ágúst.

This partner-led model, combined with a strong focus on product development and innovation, allows us to scale quickly but sustainably.

Data that drives real change
We continue to refine our Platform around what matters most: accurate, actionable, and comparable data. Our customers can now dig deeper into their operations, identify cost-saving opportunities, and track performance with confidence.

With more frequent platform updates and a redesigned interface, users now experience:

• Faster access to key sustainability insights
• More flexible, dynamic reporting
• Stronger alignment with the UN Sustainable Development Goals

What’s next? AI at the heart of sustainability.
In 2025, we’re taking a bold leap forward with strategic investments in artificial intelligence. By embedding AI directly into our core Platform, we’re setting the stage for the next wave of smart sustainability work.

“AI will play a pivotal role in automated data collection, process simplification, and data quality management. Our customers will be empowered to make better decisions, faster and more cost-effectively. This functionality will be embedded in our core product in the coming months, reinforcing Klappir’s competitive edge in a rapidly expanding market,” said Jón Ágúst Þorsteinsson, CEO of Klappir.

This development cements Klappir’s position at the forefront of a fast-growing, competitive market.

The smart way forward
We believe that better data leads to better decisions. And better decisions lead to a better planet. Whether you're just beginning your sustainability journey or scaling global efforts, Klappir is here to help you lead the way, with clarity, confidence, and care.

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