Nixu lowers its EBITDA guidance for 2018, and guides for strong, profitable growth in 2019
Nixu CorporationPress release, January 29, 2019 at 9.10 AM EETCybersecurity company Nixu announced earlier today changes to its financial guidance with a stock exchange release. The company’s growth strategy is at a stage where the company sees it reasonable to seek strong growth from the fast developing cybersecurity market at the expense of profitability. Nixu’s medium-term goal is to achieve an annual revenue growth rate of above 15% and an EBITDA margin of above 10%. At the moment, the company invests significantly in several different development, sales and internationalization