ABAX SHOW SOLID REVENUE AND EBITDA GROWTH IN THE FOURTH QUARTER (Q4)
29.02.2024, Larvik, Norway | ABAX Group announces its Q4 2023 results. The Q4 report is available on the company website at: https://www.abax.comHighlights Q4: · Operational Revenue of 204,9 (190,61) MNOK, 7 % growth year-over-year · Adjusted EBITDA of 74,9 (71,5) MNOK, 5 % growth year-over-year. · Annual Recurring Revenue (ARR) of 816,6 MNOK, up 8 % year-over-year · Acquisition of Movolytics to strengthen our position in the UK market · Launch of FAIR in Sweden, a new independent car insurance broker brand developed todeliver data-driven value to connected fleet
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