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StreamWIDE Reports Profitable Growth and Strategic Investments in 2024

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StreamWIDE Reports Profitable Growth and Strategic Investments in 2024

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StreamWIDE ( (FR:ALSTW) ) just unveiled an announcement.

StreamWIDE announced a year of profitable growth in 2024, with annual revenues reaching €21.0 million, an increase of 8% from the previous year. The company has strategically invested in its workforce and technology to enhance its solutions’ scalability and compliance with industry standards, resulting in a net profit increase of 8%. Despite some revenue declines in specific projects, the company has managed to maintain recurring revenue streams and a solid financial structure, supporting its continued growth and market diversification.

More about StreamWIDE

StreamWIDE is a specialist in critical communication and activity software solutions, focusing on platforms such as ‘team on mission’ and ‘team on the run’. The company is positioned as a leader in its industry, leveraging its technological and operational strengths to maintain high profitability levels.

YTD Price Performance: 16.78%

Average Trading Volume: 50

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €99.38M

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

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