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Netgem SA ( (FR:ALNTG) ) just unveiled an update.
Netgem announced a total revenue of €33.8M for 2024, with significant growth in recurring revenue and gross margin. The company is poised for further growth in 2025, aiming to enhance its streaming and media services through operational efficiency and innovation. The company’s solid cash position supports its strategic investments and growth ambitions, including the successful integration of acquired assets and expansion of its subscriber base to over 700,000 households in Europe.
More about Netgem SA
Netgem SA operates in the technology and entertainment industry, providing streaming and media services. The company focuses on becoming a one-stop-shop technology provider for the entertainment sector by leveraging its shared technology platform, which includes innovations such as Artificial Intelligence.
YTD Price Performance: 5.26%
Average Trading Volume: 24
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €33.09M
For a thorough assessment of ALNTG stock, go to TipRanks’ Stock Analysis page.
