Brief: eEducation Albert Q3 EBITDA Loss Widens To SEK 8.4 Mln

eEducation Albert AB

22/11/2024 06:49

Nov 22 (Reuters) - eEducation Albert AB  ALBERT.ST :
    * SALES ARE ON AN UPWARD TRAJECTORY, ALTHOUGH IT WILL TAKE
SOME
TIME UNTIL IT SHOWS IN RECOGNISED REVENUES
    * MARKETING EXPENSES HAVE BEEN HIGHER DUE TO INCREASED B2C
AND B2B
INVESTMENTS AND ROMANIAN LAUNCH
    * Q3 EBITDA AMOUNTED TO -8,373K (-2,969K) SEK
    * DURING 2025, COST REDUCTIONS AND RECOGNISED REVENUES ARE
EXPECTED TO FULLY CONTRIBUTE TO ACHIEVING POSITIVE EBITDA

Source text:  ID:nMFN7V3WCt 
Further company coverage:  ALBERT.ST 

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