Presight Ai Holding PlcADX: PRESIGHT

PRESIGHT: Q1 2024 saw higher revenue and profit, strong cash, and a planned strategic acquisition

· Issued by Presight Ai Holding Plc

Revenue and net profit grew year-over-year in Q1 2024, with strong gross margin and robust cash position. The group is implementing the new UAE corporate tax and plans a strategic acquisition of a majority stake in Matrix JVCO LTD (AIQ), pending approvals.

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