Transiro Holding AbNGM: TIRO

TIRO: Net profit soared on a one-time 37 MSEK debt reversal, offsetting a 20% revenue drop

· Issued by Transiro Holding AB

Revenue fell 20% year-over-year, but net profit surged to 7.7 MSEK due to a 37 MSEK debt forgiveness. The company is expanding into Norway and launching a new cloud-based ERP system, with a strengthened balance sheet and no dividend proposed.

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