24Sevenoffice Scandinavia Ab ( (TFSVF) ) has released its Q1 earnings. Here is a breakdown of the information 24Sevenoffice Scandinavia Ab presented to its investors.
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Done.ai Group AB, formerly known as 24Sevenoffice Scandinavia Ab, is a technology-driven company that provides an integrated suite of AI-powered tools for modern businesses, spanning various operational workflows including fintech, CRM, marketing, and more. The company operates primarily in the technology sector, focusing on AI-driven business solutions.
In its latest earnings report for the first quarter of 2025, Done.ai Group AB reported a significant increase in net sales by 23% year-over-year, reaching SEK 9.7 million. Despite this growth, the company faced a negative EBITDA of SEK -14.9 million and an operating loss of SEK -17.1 million, largely due to non-recurring expenses amounting to SEK 13.4 million.
Key highlights from the report include the company’s strategic acquisitions aimed at expanding its capabilities and integrating AI-driven solutions across its platform. The acquisitions have contributed to a pro forma revenue of approximately SEK 75 million with a positive adjusted EBITDA of SEK 4.1 million. The company is focusing on building a comprehensive platform that combines operational tools with embedded financial services, positioning itself as a one-stop shop for business operations.
Looking forward, Done.ai is executing a phased strategy to enhance its platform and expand its market reach. The company plans to leverage its AI-native capabilities to integrate acquired businesses, optimize operations, and scale efficiently in existing and new markets. With a strong liquidity position and strategic partnerships, Done.ai is poised for sustainable growth and aims to continue its transformation into a leading provider of AI-powered business solutions.
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