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Concorde International Group Ltd. Class A ( (CIGL) ) has issued an announcement.
On May 16, 2025, Concorde International Group Ltd announced its financial results for the fiscal year ending December 31, 2024, revealing a stable revenue of approximately $10.5 million and a significant gross profit increase of 20.8% to $3.6 million. The company successfully completed its IPO on April 22, 2025, raising $5.75 million, which will support its growth strategy focused on expanding its high-margin recurring revenue and international presence. Despite a one-time, non-cash share-based compensation expense impacting net results, Concorde maintained positive operating profit, highlighting the strength of its core business and its potential for sustainable growth.
More about Concorde International Group Ltd. Class A
Concorde International Group Ltd is a Singapore-based company specializing in integrated security solutions and facilities management services. Established in 1997, the company has transitioned from traditional security services to a technology-driven approach, deploying advanced systems like CCTV, sensors, and mobile command vehicles to enhance operational efficiency and reduce the need for physical guards.
Average Trading Volume: 198,765
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