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Huddlestock Fintech Reports Q4 2024 Growth and Strategic Outlook for 2025

Story Highlights
  • Huddlestock Fintech’s Q4 2024 income rose by 16%, driven by growth in IaaS and Consulting.
  • The company focuses on a three-pillar strategy for growth, including expansion into Germany.
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The latest announcement is out from Huddlestock Fintech AS ( (DE:9JR) ).

Huddlestock Fintech AS reported a total operating income of NOK 18.0 million for Q4 2024, marking a 16% increase from the previous quarter, driven by growth in Investment-as-a-Service and Consulting revenues. Despite an increase in operating expenses, the company achieved an EBITDA improvement and is optimistic about 2025, focusing on a three-pillar strategy for growth. This includes scaling operations, optimizing portfolios, and entering the German market through strategic partnerships, aiming to enhance long-term value creation.

More about Huddlestock Fintech AS

Huddlestock Fintech AS is an innovative technology software provider offering Investment-as-a-Service and financial consultancy services. The company delivers sustainable technology and operational solutions to businesses providing financial products and services.

YTD Price Performance: 70.0%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €13.66M

See more insights into 9JR stock on TipRanks’ Stock Analysis page.

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