nam.R SA (FR:ALNMR) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
namR SA, a key player in Data Intelligence for ecological transition, reports a significant first-half 2024 financial performance with a threefold increase in turnover to €1.6 million and a robust cash reserve of €531K, while confirming a 60% increase in annual turnover to at least €3.2M. The company is expanding internationally with new products and a growing presence in Southern Europe, and is implementing cost reduction measures to improve results in the cautious market environment. Despite challenges, the company remains focused on growth and cost control, supported by shareholders and ongoing financing discussions.
For further insights into FR:ALNMR stock, check out TipRanks’ Stock Analysis page.