– We are very pleased to continue our collaboration with Innovation Norway (IN). Innovation Norway has played an important role for Argeo since its inception, and it is great to see that we are able to continue our relationship as Argeo continues its expansion internationally. We have an increasing amount of exciting contract opportunities, and this loan will increase our financial flexibility and give us additional leeway, says CEO Trond Crantz of Argeo.
Fourth-quarter and unaudited full-year 2024 results
Revenue for Q4 amounted to USD 5.4 million, marking an increase of 440% year-over-year (YoY). EBITDA amounted to USD -5.7 million, alongside an EBIT of USD -7.9 million. Net profit for the quarter was USD -8.5 million, improving from USD -9.4 million in Q4 2023....
