Briox AbNGM: BRIX

BRIX: Briox achieved record customer growth and ARR in 2024 but posted a larger operating loss

· Issued by Briox AB

Briox grew its customer base by 45% and ARR by 28% in 2024, expanded into Sweden, and launched a new app, but losses widened. A directed share issue post-year-end supports liquidity as the company pursues aggressive growth and profitability goals.

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