Business
NIUTEC: Q3 saw a 60% revenue drop but 30% organic growth in core business and positive EBITDA
NIUTEC: Q3 saw a 60% revenue drop but 30% organic growth in core business and positive EBITDA
About this update from Niutech Group Ab
Q3 revenue fell 60% year-over-year due to subsidiary bankruptcies, but organic growth in continuing operations was 30% and EBITDA turned positive. Liquidity remains tight, but management expects a stronger Q4 and is optimistic for 2026.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.