StreamWIDE (FR:ALSTW) has released an update.
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StreamWIDE reported a 10% increase in half-year revenues to €9.3M in 2024, with a notable 25% rise in net result to €1.5M, driven by the growth of their critical communications platforms. The company continues to invest in the enhancement and scalability of their solutions, including artificial intelligence, while maintaining controlled personnel expenses which represent 38% of their revenues. Despite these investments and an increase in operational costs, StreamWIDE maintains a strong profitability and leadership in its field.
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