Huddlestock Fintech AS (DE:9JR) has released an update.
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Huddlestock Fintech AS reported a decrease in total operating income to NOK 39 million in the first half of 2024, down from NOK 46 million the previous year, due to strategic divestments. Despite a negative EBITDA of NOK 9 million, the company sees growth potential in its Investment-as-a-Service offering and is pursuing opportunities in Germany. They are also working on securing financing partners to support their strategy, including non-organic growth.
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