Business
THINC: Revenue and agency income grew, but profitability declined; focus shifts to efficiency and core business
THINC: Revenue and agency income grew, but profitability declined; focus shifts to efficiency and core business
About this update from Thinc Collective Ab
Revenue grew 2.2% year-over-year with agency income up 7.7% and gross margin at 26.0%. Adjusted EBITDA was stable, but reported EBITDA and net profit declined. Major contract wins and divestment of BANG Agency position the group for improved focus and efficiency.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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