Pixfam AbNGM: PIXFAM

PIXFAM: Strategic pivot to photobooks and Turkish market, with improved cash but deepening losses

· Issued by Pixfam AB

Divestment of the Turkish subsidiary and a strategic shift to photobooks mark a new growth phase, with a focus on Turkey and the Middle East. Despite improved EBITDA, net losses widened, but cash position strengthened through asset sales and new share issues.

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