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SOLIDX: Record revenue growth of 18% but lower profit as investments and acquisitions weighed on margins

SOLIDX: Record revenue growth of 18% but lower profit as investments and acquisitions weighed on margins

Solidx AbJune 20, 20245
SOLIDX: Record revenue growth of 18% but lower profit as investments and acquisitions weighed on margins

About this update from Solidx Ab

Net revenue grew 18% to 119,060 KSEK, with Q4 up 39% year-over-year. Profitability declined due to self-financed investments and acquisitions, but equity ratio improved to 46.93%. Management targets 50–100% annual growth and expects margin recovery as recent investments mature.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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