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SOCIAL: EBITDA loss narrowed and recurring revenue grew as Sociallite US AB advanced its digital strategy

SOCIAL: EBITDA loss narrowed and recurring revenue grew as Sociallite US AB advanced its digital strategy

Sociallite Us AbAugust 22, 20245
SOCIAL: EBITDA loss narrowed and recurring revenue grew as Sociallite US AB advanced its digital strategy

About this update from Sociallite Us Ab

Sociallite US AB improved results by 1.7 MSEK in H1 2024, driven by cost efficiencies and acquisitions, with Q2 EBITDA loss narrowing to -612 TSEK. Positioned for growth in digital marketing, the company completed new share issues and expanded recurring revenue.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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