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CIBOX Reports Doubling of Revenue in 2024 Amidst Strategic Expansion

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CIBOX Reports Doubling of Revenue in 2024 Amidst Strategic Expansion

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Cibox Inter@ctive SA ( (FR:ALCBX) ) has issued an announcement.

In 2024, CIBOX reported a remarkable 104% increase in revenue, driven by a strategic emphasis on digital sales and brand development, despite challenging economic conditions. The company is transitioning its production to a new site in Revin, aiming to expand its production capacity and meet the growing demand for green micro-mobility solutions in Europe.

More about Cibox Inter@ctive SA

CIBOX, a French company, is a specialist in electric micro-mobility, offering products like electric bikes and scooters. The company focuses on providing simplicity, durability, and accessibility through its YEEP.ME brand, with a significant emphasis on digital sales channels and partnerships with large retailers.

YTD Price Performance: 19.23%

Average Trading Volume: 13,065

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €7.98M

For a thorough assessment of ALCBX stock, go to TipRanks’ Stock Analysis page.

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