Business
ELEMENTS: Record revenue growth of 59% YoY, with adjusted EBITDA positive despite M&A costs
ELEMENTS: Record revenue growth of 59% YoY, with adjusted EBITDA positive despite M&A costs
About this update from Elements,inc.
Quarterly revenue hit a record ¥1,030 million, up 59% year-over-year, driven by Polarify consolidation and eKYC growth. Despite higher SG&A and M&A costs leading to a net loss, adjusted EBITDA was positive. Progress toward full-year guidance remains on track.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.