Cloud Technologies SaGPW: CLD

CLD: Despite lower revenue, Cloud Technologies grew profit and expanded internationally with the NDR acquisition

· Issued by Cloud Technologies Sa

Revenue declined 19% year-over-year in H1 2024, but adjusted EBITDA and net profit rose, driven by cost control and focus on core data sales. Key risks include partner changes and FX exposure, while the acquisition of Nordic Data Resources supports international growth.

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