Quickbit publishes Q3 interim report ‘23/24
Quickbit reports sales of € 23.4 million during Q3 ‘23/24 to compare with € 8.9 million during the second quarter ’23/24. This growth is due to increased transaction volumes via Quickbit’s new partners and that Quickbit’s inhouse developed products are now starting to contribute to turnover. The gross margin amounted to 5.4 %. For the fourth quarter '23/24, Quickbit expects to further double its net sales from the third quarter's level while maintaining a gross margin above 4%. After the end of the quarter, Quickit’s liquidity position has been strengthened by approximately € 0.5 million