ABAX SHOW STRONG GROWTH IN THE THIRD QUARTER (Q3)
30.11.2023, Larvik, Norway | ABAX Group announces its Q3 2023 results. The Q3 report is available on the company website at: https://www.abax.comHighlights Q3: · Operational Revenue of 197,7 (182,1) MNOK, 9% growth year-over-year · Revenue growth across all key geographical market segments · Adjusted EBITDA of 77,3 (66,7) MNOK, 16% growth year-over-year · Annualized Recurring Revenue (ARR) at 784,4 MNOK, up 7% year-over-year · Adjusted operating free cash flow of 31,6 (28,4) MNOK, up 11% year-over-year ABAX, a leading telematics IoT platform in Europe that offers
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