tiprankstipranks
Kneat.com Reports Strong Growth and Profitability
Company Announcements

Kneat.com Reports Strong Growth and Profitability

Story Highlights

kneat.com (TSE:KSI) has released an update.

Don't Miss Our Christmas Offers:

Kneat.com has reported impressive third-quarter 2024 financial results, with a 52% increase in revenue to $12.8 million and a 78% rise in gross profit to $9.8 million, signaling strong growth and profitability. The company’s Annual Recurring Revenue grew by 59% year-over-year, reaching $49.9 million, highlighting Kneat’s successful expansion in the market. These results showcase Kneat’s effective strategies in digitizing validation and quality processes and their strong market position.

For further insights into TSE:KSI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskKneat.com Secures Major Medical Device Partnership
TipRanks Canadian Auto-Generated NewsdeskKneat Partners with ALTEN to Digitize Validation
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