tiprankstipranks
Jungle21 Reports 49% Growth in 2024 with Strong Design and Tech Platform Performance
Company Announcements

Jungle21 Reports 49% Growth in 2024 with Strong Design and Tech Platform Performance

Story Highlights

Invest with Confidence:

The latest announcement is out from Jungle21 SA ( (FR:MLJ21) ).

In 2024, Jungle21 achieved a significant growth of 49%, driven by strategic mergers and acquisitions and the synergy between its platforms. The company’s EBITDA reached €7.2 million, highlighting its strong financial performance, with 55% of its gross margin coming from the Design and Tech platforms, reinforcing its growth strategy in these services. This growth is supported by the addition of talented professionals, contributing to a sustained increase in revenue and profitability.

More about Jungle21 SA

Jungle21, S.A. operates in the technology and design industry, offering services and capabilities focused on maximizing cross-selling opportunities and acquiring new clients. The company’s growth strategy emphasizes the consolidation of its Design and Tech platforms, which contribute significantly to its gross margin.

YTD Price Performance: 0%

Average Trading Volume: 21,568

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €53.29M

For detailed information about MLJ21 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App