SmartCraft ASA Class A (DE:9YK) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
SmartCraft ASA, a Nordic SaaS provider for the construction industry, reported a 29% annual growth in ARR, reaching NOK 461 million for Q2 2024. The company saw a 32% increase in revenue, with a significant portion being recurring, and is focusing on organic growth and strategic acquisitions in Sweden and the UK. Despite challenging market conditions, SmartCraft maintains a strong balance sheet and is confident in achieving its medium-term financial goals.
For further insights into DE:9YK stock, check out TipRanks’ Stock Analysis page.
