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An announcement from Almawave S.p.A. ( (IT:AIW) ) is now available.
In 2024, Almawave S.p.A. reported revenues of 49 million euros, with a significant push towards strategic investments in AI, including the launch of the Velvet LLM model family. The company achieved a net profit of 8.5 million euros and demonstrated strong international growth, despite a decrease in non-core service income. Almawave’s strategic focus on proprietary AI solutions and international expansion has strengthened its market position, while maintaining economic-financial sustainability and achieving all 2024 sustainability targets.
More about Almawave S.p.A.
Almawave S.p.A. is an Italian company listed on the Euronext Growth Milan market, part of the Almaviva Group, and operates in the Data & Artificial Intelligence sector. The company focuses on developing proprietary AI technologies and solutions, with a strong emphasis on international growth and sustainability.
YTD Price Performance: 1.79%
Average Trading Volume: 279
Technical Sentiment Signal: Strong Buy
Current Market Cap: €89.65M
For an in-depth examination of AIW stock, go to TipRanks’ Stock Analysis page.