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Mexedia Reports 2024 Financial Downturn Amid Strategic Restructuring

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Mexedia Reports 2024 Financial Downturn Amid Strategic Restructuring

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An update from AIRTIME PARTECIPAZIONI S.P.A. ( (FR:ALMEX) ) is now available.

Mexedia S.p.A. S.B., a company involved in the messaging and voice business, reported a significant financial downturn in 2024 due to strategic restructuring of financial obligations. Despite a 78% drop in revenues and a net loss of €26.2 million, the company successfully restructured its financial commitments, leading to a promising start in 2025 with increased business volumes.

More about AIRTIME PARTECIPAZIONI S.P.A.

YTD Price Performance: -50.0%

Average Trading Volume: 628

Technical Sentiment Signal: Buy

Current Market Cap: €14.25M

See more data about ALMEX stock on TipRanks’ Stock Analysis page.

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