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Insig AI PLC ( (GB:INSG) ) has issued an announcement.
Insig AI plc reported an adjusted EBITDA loss of £0.4 million for the first half of 2024, with a significant increase in its sales pipeline to over £2.5 million due to strategic business development initiatives. The company is benefiting from regulatory tailwinds and has increased engagement with regulators, positioning itself to capitalize on upcoming Corporate Sustainability Reporting Directive requirements. Despite reporting a consolidated income loss, Insig AI is optimistic about its growth prospects in 2025, supported by recent equity funding and increased interest from strategic partners.
More about Insig AI PLC
Insig AI plc is a data science and machine learning solutions provider focused on the asset management industry. The company offers AI-ready ESG data and data engineering solutions for asset managers, facilitating insights, risk management, and enhanced efficiency.
YTD Price Performance: -21.05%
Average Trading Volume: 148,592
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £17.66M
See more data about INSG stock on TipRanks’ Stock Analysis page.
