Maps S.p.A. (IT:MAPS) has released an update.
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Maps S.p.A., an innovative SME specializing in digital transformation, reported a robust financial performance for 2023, with revenues rising 11% to 27.5 million euros and a healthy EBITDA margin of 18%. The company has significantly expanded its product and recurring fee revenues over the past five years, driven by strategic acquisitions and a focus on sectors like healthcare and energy. This growth underscores Maps Group’s evolving business model and its commitment to leveraging data for better decision-making and innovation.
For further insights into IT:MAPS stock, check out TipRanks’ Stock Analysis page.