Business
NOWO: Revenue growth, improved EBITDA, and record AUM set the stage for expected Q3 profitability
NOWO: Revenue growth, improved EBITDA, and record AUM set the stage for expected Q3 profitability
About this update from Nowonomics Ab
Revenue and EBITDA improved year-over-year, with AUM at a record 707.9 MSEK. Cost savings and performance fees are expected to drive monthly profitability in Q3, while Nowo Global Fund outperformed its benchmark.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.