The year 2024 was one of significant progress and success for Mtech. The strategy renewed in 2023 proved its strength: revenue grew considerably, profitability improved, and new productised solutions were well received by customers.
Growth and Financial Development
In 2024, Mtech’s revenue rose to €12.63 million, representing a growth of about 12.5% compared to the previous year. Operating profit increased to €864,526, and the financial year turned positive with a net profit of €502,342. Growth was seen across all business areas, with especially strong results from productised solutions aligned with the new strategy.
Customer-Oriented Digital Solutions for the Food System
During the year, Mtech introduced several new services that support sustainable growth, efficiency, and data-driven management:
• Mtech Productivity Systems (MPS / MinunMaatilani.fi): a comprehensive solution for managing farm production and finances.
• Mtech AgINTEL: artificial intelligence solutions to support farm production processes and facilitate decision-making.
• Mtech Supply Chain Integrator (MSCI): connects primary production, industry, and retail into seamless networks.
• Mtech Core Systems (MCS): ready-made and tailored digital services for authorities, industry, and retail.
Investments in artificial intelligence, weather technology, and the digitalisation of contract farming delivered concrete benefits in customers’ daily work. Customer satisfaction remained high: 89% of business customers and 78% of end-users reported being at least satisfied with Mtech’s services (Taloustutkimus Customer 360).
Outlook for 2025
In 2025, Mtech will continue to implement its strategy along a steady growth path. Significant product launches are expected, including:
• the updated MinunMaatilani.fi
• Wisu Pro and Wisu Pro+ weather stations in collaboration with Pessl Instruments
• the new MinunMaatilani Wakka and WakkaPro services
• several new mobile and integration solutions, as well as AI-based tools.
The aim is to strengthen Mtech’s position as a pioneer in the digitalisation of the food system and to provide solutions that support sustainable, profitable, and smart production.
Thank You for the Collaboration
CEO Christian Jurvanen thanks customers, partners, and employees for their trust and commitment:
“Together, we are building the food system of the future with determination and responsibility.”
👉 Read the full Annual Report