tiprankstipranks
Trending News
More News >

Facephi Biometria Reports Strong Growth in 2024

Facephi Biometria Reports Strong Growth in 2024

Facephi Biometria SA (ES:FACE) has released an update.

Confident Investing Starts Here:

Facephi Biometria SA has reported a 20% increase in turnover for the first half of 2024, reaching €11.7 million, driven by its international expansion efforts, including new partnerships in APAC, Poland, and South Africa. The company anticipates further growth and cash flow strengthening in 2025, following its strategic operational and technological enhancements. With significant contributions from main shareholders, Facephi is nearing a break-even point in working capital.

For further insights into ES:FACE stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App