Spotlio AS – Financial results for the third quarter FY25
(Oslo, 6 March 2025) Spotlio AS (Spotlio, Euronext Growth Oslo:SPOT) reported revenues of USD 2.6 million in the third quarter of financial year 2024/25, ending 31 January 2025 representing a 5% year-on-year decrease. The Company reported an EBITDA of USD 0.1 million, marking the first profitable quarter in the Company’s history and representing a significant improvement in comparison to the EBITDA of USD -0.3 million in prior year. The Company had a cash position of USD 0.9 million as per 31 January 2025.
In April 2024, Spotlio AS secured a senior debt facility totaling approximately USD 1.7 million. This facility is scheduled to mature in April 2025, and the company is currently engaged in negotiations with its lenders to extend the loan for a minimum of an additional 12 months, with a minimum target renewal date of April 2026.
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This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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About Spotlio AS
Spotlio AS is a trailblazing force in destination digital technology, offering tailor-made solutions - from apps to e-commerce, and almost everything in between - that redefine the way consumers interact with resorts, parks, and attractions. With a decade-long legacy of excellence, Spotlio empowers clients with innovative white label digital solutions and pricing services, fostering connections and enhancing experiences on a global scale.
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