PetaPixel: Leica Camera announced that its 2023/2024 fiscal year saw it achieve the highest revenue in the entire history of the company. It saw 14% growth to 554 million euros ($586.3 million) over last year’s already spectacular 485 million euros.

Last winter, Leica announced that it had set a sales record for the 2022/23 financial year and it has shattered that achievement now in 2024. The company says it was able to build on its successful business and sustain the growth of its earnings. The biggest driver of the company’s success remains unchanged: cameras. While Leica has bolstered its business with its Mobile Imaging segment (smartphone technology and partnerships), the core of its business remains stand-alone cameras and the support of photography.

Specifically, Leica says that the most potent revenue driver this year was the Leica Q3. However, it did not elaborate on sales numbers for this camera. 2024 is the best fiscal year so far in the almost 100-year history of the company and Leica says that this result confirms its “strategic alignment” of the Leica Camera Group as it continues to foster its core business as well as expansions into other markets.