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Spotlio AS Eyes Profitability Amidst Growth
Company Announcements

Spotlio AS Eyes Profitability Amidst Growth

Canopy Holdings AS (DE:6UK) has released an update.

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Spotlio AS, a leader in destination digital technology, registered revenues of USD 7.3 million for the fiscal year 2023/24, with an adjusted EBITDA of USD -2.9 million. Despite challenging economic conditions, the company has initiated significant cost-saving measures, projecting a path to profitability and highlighting substantial commercial traction with new deals and higher margin products. Looking forward, the CEO expresses confidence in achieving sustainable growth through continued strategic implementation.

For further insights into DE:6UK stock, check out TipRanks’ Stock Analysis page.

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