Business
NOWO: Revenue up 70% and AUM up 39%, with improved results but continued losses
NOWO: Revenue up 70% and AUM up 39%, with improved results but continued losses
About this update from Nowonomics Ab
Revenue rose 70% year-over-year and cost-saving measures led to a 45% improvement in results, though the company remains loss-making. AUM grew 39% to 596 MSEK, and 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.