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Insig AI PLC ( (GB:INSG) ) has provided an announcement.
Insig AI PLC has reported significant revenue growth, with a 64% increase in the third quarter and an expected 71% rise in the fourth quarter, driven by strong market demand and successful client acquisition. To support this growth, the company plans to hire additional data science engineers and senior sales leaders. Additionally, Insig AI has raised £0.35 million through an equity subscription and is negotiating a £350,000 equity funding facility to ensure sufficient working capital, highlighting its strategic focus on scaling operations and capitalizing on increased customer demand.
More about Insig AI PLC
Insig AI PLC operates in the technology sector, focusing on data engineering and ESG (Environmental, Social, and Governance) solutions. The company is engaged in providing advanced data analytics services to meet the growing demand for insightful data-driven decision-making.
YTD Price Performance: -7.14%
Average Trading Volume: 116,720
Technical Sentiment Signal: Hold
Current Market Cap: £19.13M
See more data about INSG stock on TipRanks’ Stock Analysis page.
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