After covering Ateme’s pre-results revenue announcement last month, Faultline received an email from an irate senior executive at the video compression company, who eloquently described us as “idiots.” We thought a touch of sincerity would be appreciated by the ever-honest French, but oh how we were mistaken. Unfortunately for Ateme, the company’s full-year 2024 results—hot off the press this week—do nothing to substantiate that anything we have said was factually inaccurate, or even to suggest that our long-term projections are anything short of being on the money. We already knew that Ateme’s 2024 revenues had taken a beating—down 7% year on year to €93.5 million ($101.3 million), thanks mostly to a disastrous period of North American business last year. But…