Business
CDON: EBITDA more than doubled on strong GMV and GPAM growth, with both segments expanding
CDON: EBITDA more than doubled on strong GMV and GPAM growth, with both segments expanding
About this update from Cdon Ab
GMV and GPAM both posted strong year-over-year growth, with EBITDA more than doubling. Both CDON and Fyndiq segments contributed, and a 45 mSEK capital injection will fund four growth initiatives. Cash position and current ratio improved after a share issue.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.