Vogo SA (FR:ALVGO) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Vogo SA experienced a robust first half in 2024 with a 26% surge in revenue, driven by the Sports sector and a strong international expansion, notably the Technology as a Service model and high-profile partnerships with sports federations. The company’s EBITDA turned positive at approximately €400k, a significant improvement from the previous year’s loss, due to controlled costs and a high gross margin rate. Net losses have substantially decreased, from €1.4m in S1 2023 to just €0.2m in S1 2024.
For further insights into FR:ALVGO stock, check out TipRanks’ Stock Analysis page.