Prenetics (PRE) Global announced a record-breaking month for IM8 in October, reaching approximately $108 million in annualized recurring revenue, ARR, just 11 months after its commercial launch. Building on the momentum from last week’s successful $44 million equity offering, IM8 is positioned for accelerated global expansion and enhanced partnerships.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRE:
- Prenetics announces acquisition of 100 Bitcoin
- Prenetics Closes $44 Million Offering to Boost IM8 Expansion and Bitcoin Strategy
- Crypto Currents: PayPal partners with OpenAI for payments
- Prenetics Secures $48 Million in Oversubscribed Equity Offering to Boost IM8 Expansion
- Prenetics Announces $48 Million Equity Offering to Boost IM8 Expansion and Bitcoin Strategy
