Spotlio AS – Financial results for the second quarter FY25
(Oslo, 5 December 2024) Spotlio AS (Spotlio, Euronext Growth Oslo:SPOT) reported revenues of USD 1.4 million in the second quarter of financial year 2024/25, ending 31 October 2024 representing a 24% year-on-year growth. Furthermore, the Company reported a significantly improved EBITDA of USD -0.5 million in comparison to the EBITDA of USD -1.5 million in prior year and a cash position of USD 0.7 million as per 31 October 2024.
“We are pleased with our Q2 performance, which reflects modest revenue growth driven by our enhanced commercial approach. Our momentum in the market gives us confidence heading into the next quarter as we continue to build on this positive traction." says Albert Ferrando, CEO of Spotlio.
“Our Q2 performance demonstrates disciplined financial management with our revenue growth translating into a substantial improvement in EBITDA. This underscores our continued focus on enhancing operational efficiency and profitability while maintaining a strong foundation for future growth”, added James Price, CFO of Spotlio.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Albert Ferrando, CEO, Spotlio AS, +34 932 20 35 45, albert.ferrando@spotlio.com
- James Price, CFO, Spotlio AS, +34 972 001 021, james.price@spotlio.com
About Spotlio AS
Spotlio AS is a trailblazing force in destination digital technology, offering tailor-made solutions - from apps to e-commerce, and almost everything in between - that redefine the way consumers interact with resorts, parks, and attractions. With a decade-long legacy of excellence, Spotlio empowers clients with innovative white label digital solutions and pricing services, fostering connections and enhancing experiences on a global scale.