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SBG: Revenue up 19% and losses narrowed in Q2 2024, driven by cost efficiencies and AI focus

SBG: Revenue up 19% and losses narrowed in Q2 2024, driven by cost efficiencies and AI focus

Stonebeach Group AbAugust 22, 20245
SBG: Revenue up 19% and losses narrowed in Q2 2024, driven by cost efficiencies and AI focus

About this update from Stonebeach Group Ab

Q2 2024 revenue rose 19% to 1.9 MSEK, with EBITDA and net loss improving due to cost reductions. Strategic focus includes AI integration and organizational efficiency, while risks remain from customer concentration and regulatory changes.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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