Q3 Interim report August – October 2024 for ZetaDisplay AB (publ) is now available at Report summary: JULY – SEPTEMBER 2024 Recurring revenue, adjusted for discontinued operations*, increased by 20.6% to SEK 62.8(52.1) millionRecurring revenue, excluding adjustments for discontinued operations, increased by 13.6 %to 62.8 (55.3) millionNet sales, adjusted for discontinued operations*, increased by 30.7% to SEK 148.8 (113.8)millionNet sales, excluding adjustments for discontinued operations, increased by 28.9 % to SEK148.8 (115.4) millionGross margin* decreased to 57.9% (62.5%)Adjusted EBITDA* was SEK 22.9 (12.0) million CEO comment GROWTH IN RECURRING REVENUE AND STRATEGIC EXPANSION Net sales for the quarter increased to SEK148.8 (113.8) million, with recurring revenuerising by 20.6% to SEK 62.8 (52.1) million,representing 42.2% of net sales.
Our proprietary software platform, digital business development and consulting services, innovative digital signage solutions, and creative concepts regularly inspire- influence and guide millions of people every day in retail environments, in restaurants, on advertising screens, in factories, on trains, on cruise ships, in stadiums, in workplaces and in all types of public spaces indoor and outdoor.
ZetaDisplay is one of the largest leading European digital signage companies with direct operations in eight European countries and the US with 120,000 active installations in over 50 countries, across all major continents where we are the business partner of choice for many of the worlds most respected blue-chip brands and companies.
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