The company has reported a notable increase in its fourth-quarter revenue, reaching $10.2 million compared to $8.9 million in the same period last year. This marks a year-over-year growth of approximately 15%, indicating a robust financial performance.
CEO Fabien Haubert highlighted that 2024 was a year of substantial revenue growth and improved profitability. This success underscores the effectiveness of the company's strategic focus on its core business segments. Four key verticals, along with significant contributions from the transportation sector, primarily powered this growth.
The company not only expanded its market presence but also secured significant new clientele. Moreover, an enhanced sales team has contributed to increased sales efficiency. Operational improvements, a reduction in the cost of goods sold (COGS), and strategic pricing have further bolstered profitability.
Looking forward, the company remains dedicated to increasing its market share and strengthening customer relationships, with the aim of sustaining its growth trajectory.
