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Xplora Technologies Sees Record Growth and Profitability in Q3 2024
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Xplora Technologies Sees Record Growth and Profitability in Q3 2024

Xplora Technologies AS (DE:86P) has released an update.

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Xplora Technologies AS reported a stellar Q3 2024 with record-breaking revenue and profitability, marking a 35% increase in group revenue and a 281% surge in EBITDA year-over-year. The company’s robust cash position of NOK 176.7 million, up by NOK 50.4 million from the previous quarter, has enabled strategic growth moves, including a public offer to acquire Doro AB. With substantial gains in service revenues and subscriptions, Xplora continues to strengthen its market position and financial health.

For further insights into DE:86P stock, check out TipRanks’ Stock Analysis page.

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