Business

NEO_B: Revenue up 71.9% YoY; Wraptech acquisition and ARR growth drive expansion

NEO_B: Revenue up 71.9% YoY; Wraptech acquisition and ARR growth drive expansion

Neovici Holding Ab Class BMay 30, 20254
NEO_B: Revenue up 71.9% YoY; Wraptech acquisition and ARR growth drive expansion

About this update from Neovici Holding Ab Class B

Net revenue surged 71.9% year-over-year to 22.9 MSEK, driven by the Wraptech acquisition and ARR growth. Despite a wider net loss, operational margins improved and management targets EBITDA profitability by year-end 2025. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Neovici Holding Ab Class B