1.3.2024 16:54:54 CET | Spotlio AS | Additional regulated information required
to be disclosed under the laws of a member state
(Oslo, 1 March 2024) Spotlio AS ("Spotlio", OSE: SPOT) publishes half-year
report for the first half of the financial year 2024 and announces a successful
execution of strategic initiatives delivering additional savings of an estimated
USD 1.2 million on an annualized basis.
Christian Erlandson, CEO of Spotlio, reflected on the company's strategic
decisions, stating, "Implementing these measures has allowed us to refine our
growth strategy, improve our margins, and significantly reduce operational
costs. The decision to restructure was difficult, especially considering its
impact on our valued team members. However, it was a necessary step to secure
Spotlio's future success. We're eager to share more about our journey and the
outcomes of these initiatives during our forthcoming Q3 earnings presentation."
We extend our deepest thanks to our employees, clients, and partners for their
ongoing support and resilience during this period of transformation.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Christian Erlandson, CEO, +44 7795953849, christian.erlandson@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 redefines 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.
ATTACHMENTS
Spotlio_AS_Half year report_FY24.pdf -
https://kommunikasjon.ntb.no/ir-files/17847592/2952/4152/Spotlio_AS_Half%20year%
20report_FY24.pdf