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AMA Corporation Plc ( (FR:ALAMA) ) has issued an update.
AMA Corporation PLC reported a 16% decrease in revenue for 2024, attributed to strategic advancements in integrating AI with their products, notably the XpertEye solution. Despite challenging market conditions for assisted reality, AMA introduced AI-driven functionalities enhancing remote assistance, customer service, and security, leading to a steady customer base with a low churn rate. The innovations have begun generating revenue, marking a significant transformation for the company.
More about AMA Corporation Plc
AMA Corporation PLC is a global leader in productivity solutions for the connected frontline workforce, primarily focusing on assisted reality (aR) and artificial intelligence (AI) technologies. The company aims to enhance performance, collaboration, data collection, and knowledge sharing for organizations. AMA is B Corp certified and holds ISO27001 certification for information security management. It operates globally, offering support across various geographies and time zones.
YTD Price Performance: 0.0%
Average Trading Volume: 19,069
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €9.05M
See more data about ALAMA stock on TipRanks’ Stock Analysis page.