Kurs & Likviditet
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Informationsteknik |
| Industri | Programvara |
19.9.2024 11:30:01 CEST | Spotlio AS | Additional regulated information required to be disclosed under the laws of a member state
(Oslo, 19 September 2024) Spotlio AS (Spotlio, Euronext Growth Oslo:SPOT) reported revenues of USD 1.4 million in the first quarter of financial year 2024/25, ending 31 July 2024, representing a 19% year-on-year growth. Furthermore, the Company reported a significantly improved EBITDA of USD -0.4 million in comparison to the EBITDA of USD -1.6 million in prior year and a cash position of USD 0.7 million as per 31 July 2024. The company had USD 7.7 million in annual recurring revenues and 214 resort customers as per end of July 2024.
“The results of this quarter reflect the strategic transformation of the Company in recent times with modest top-line improvements and a more optimized cost structure positioning the Company on a path toward profitability." says Albert Ferrando, CEO of Spotlio.
“We will continue to explore investment in growth opportunities for the Company whilst remaining committed to recent cost rationalization initiatives in order to drive a sustainable future for the Company and to deliver value for shareholders”, added James Price, CFO of Spotlio.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Albert Ferrando, CEO, Spotlio AS, +34 932 20 35 45, albert.ferrando@spotlio.com
- James Price, CFO, Spotlio AS, +34 972 001 021, james.price@spotlio.com
About Spotlio AS
Spotlio AS is a trailblazing force in destination digital technology, offering tailor-made solutions - from apps to e-commerce, and almost everything in between - that redefine the way consumers interact with resorts, parks, and attractions. With a decade-long legacy of excellence, Spotlio empowers clients with innovative white label digital solutions and pricing services, fostering connections and enhancing experiences on a global scale.