tiprankstipranks
SmartCraft ASA Reports Strong Growth Amid Expansion
Company Announcements

SmartCraft ASA Reports Strong Growth Amid Expansion

SmartCraft ASA Class A (DE:9YK) has released an update.

Don't Miss Our Christmas Offers:

SmartCraft ASA, a Nordic SaaS provider for the construction industry, reported a 29% annual growth in ARR, reaching NOK 461 million for Q2 2024. The company saw a 32% increase in revenue, with a significant portion being recurring, and is focusing on organic growth and strategic acquisitions in Sweden and the UK. Despite challenging market conditions, SmartCraft maintains a strong balance sheet and is confident in achieving its medium-term financial goals.

For further insights into DE:9YK stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskSmartCraft ASA’s Strategic Share Buy-Back Program
TipRanks European Auto-Generated NewsdeskSmartCraft ASA Re-initiates Share Buy-back Program
TipRanks European Auto-Generated NewsdeskSmartCraft ASA Reports Strong Revenue Growth Amid Expansion
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