InCoax Networks AB presents new financial goals
InCoax expects continued growth, and the recently announced strategic collaboration with Nokia strengthens InCoax's opportunities for further sales expansion in the coming years.The coming quarters will be marked by continued fluctuating sales, but over the next 3-5 year period, the board and company's goal is to achieve an average of: · At least 50% annual organic revenue growth · Positive operational cash flow and an EBIT margin of at least 10% from 2025 InCoax's MoCA Access[TM]-based system solution addresses a potential market of more than 150 million households in Europe and