Freja Eid Group AbOMXSTO: FREJA

FREJA: Freja eID's ARR surged 54% and net loss narrowed as recurring revenues and margins improved

· Issued by Freja Eid Group AB

Net sales grew 32% year-over-year in Q3 2024, with Freja eID driving strong ARR and user growth. Adjusted EBITDA turned positive, and the company improved its net result while maintaining high gross margins and a robust outlook.

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