i-nexus Global plc (GB:INX) has released an update.
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i-nexus Global plc, a provider of cloud-based strategy software, has revealed improved financial performance in H1 2024 compared to the same period in 2023, despite the loss of a major legacy customer. Total revenue increased by 4% and Adjusted EBITDA losses significantly decreased. The company also saw an uptick in cash reserves and is focused on converting trials into licenses and enhancing their product offerings to drive future growth.
For further insights into GB:INX stock, check out TipRanks’ Stock Analysis page.