Modulight OyjOMXHEX: MODU

MODU: Q2 2024 saw revenue decline but improved EBITDA and cash flow as R&D and new models advanced

· Issued by Modulight Oyj

Revenue declined 13% year-over-year in Q2 2024, but EBITDA loss narrowed due to efficiency gains and reduced one-time costs. R&D pipeline grew, new business models advanced, and cash flow improved despite ongoing macroeconomic uncertainty.

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