Business
CDON: Positive EBITDA achieved after platform migration, with Fyndiq growth and cost control driving results
CDON: Positive EBITDA achieved after platform migration, with Fyndiq growth and cost control driving results
About this update from Cdon Ab
Platform migration completed on time and on budget, enabling operational efficiencies and AI integration. Despite an 8% GMV decline year-over-year, EBITDA turned positive, with Fyndiq returning to growth and cost reductions on track. Focus remains on supply improvements and leveraging the new platform.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.