Picture of Modelon AB (publ) logo

MODEL — Modelon AB (publ) News Story

0.000.00%
se flag iconLast trade - 00:00
TechnologyHighly SpeculativeMicro CapSucker Stock

Brief: Modelon Q2 ARR SEK 45.9 Mln

BRIEF-Modelon Q2 ARR SEK 45.9 Mln

- Modelon AB (publ) MODEL.ST:

  • Q2 ARR AMOUNTED TO MSEK 45.9, DOWN 14% YEAR-ON-YEAR

  • Q2 NET REVENUE AMOUNTED TO MSEK 16.6; SOFTWARE REVENUE MSEK 12.1

  • Q2 ADJUSTED EBIT AMOUNTED TO MSEK -4.4

  • OUTLOOK: EXPECT ARR GROWTH IN SECOND HALF OF YEAR

  • EXPECT FURTHER PROFITABILITY, CASH FLOW IMPROVEMENTS THROUGH GROWTH OF RECURRING SOFTWARE REVENUES, LEADING TO POSITIVE CASH FLOW FROM Q1 2028

Source text: ID:nMFNFFlCC

Further company coverage: MODEL.ST


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

Recent news on Modelon AB (publ)

See all news