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FADEL Partners Inc. Reports 2024 Financial Results and Strategic Initiatives

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FADEL Partners Inc. Reports 2024 Financial Results and Strategic Initiatives

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Fadel Partners, Inc. ( (GB:FADL) ) has provided an announcement.

FADEL Partners Inc. reported a 10% increase in Annual Recurring Revenue (ARR) to $9.9 million for the year ending December 31, 2024, despite a 10% decrease in overall revenue to $13 million due to timing of license revenue recognition. The company expanded its client base for both its IPM Suite and Brand Vision platforms, launched a new mid-market solution called LicenSee™, and implemented cost-saving measures, including opening a new R&D center in Jordan. Strategic investments in sales and marketing post-IPO widened the adjusted EBITDA loss to $3.9 million. The company is exploring strategic alternatives to enhance shareholder value and has strengthened its leadership team with new appointments.

More about Fadel Partners, Inc.

FADEL Partners Inc. is a developer of cloud-based brand compliance and rights and royalty management software, catering to licensors and licensees in media, entertainment, publishing, consumer brands, and hi-tech/gaming industries. The company offers solutions like IPM Suite for rights and royalty management and Brand Vision for brand compliance and monitoring, operating primarily in the United States with additional operations in the UK, France, Lebanon, Jordan, and India.

Average Trading Volume: 649

Technical Sentiment Signal: Buy

See more data about FADL stock on TipRanks’ Stock Analysis page.

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