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BRIX: ARR up 25% and user licenses up 27%, with focus on positive cash flow and new app launch

BRIX: ARR up 25% and user licenses up 27%, with focus on positive cash flow and new app launch

Briox AbJuly 25, 20244
BRIX: ARR up 25% and user licenses up 27%, with focus on positive cash flow and new app launch

About this update from Briox Ab

ARR grew 25% year-over-year to 19.6 MSEK and user licenses rose 27%, while Q2 revenue increased 3% to 2,921 TSEK. Strategic partner model changes and a 28.1 MSEK rights issue support the path to positive cash flow.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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