Spotlio AS – Financial results for the first quarter FY24
(Oslo, 19 September 2023) Spotlio AS (formerly Canopy Holdings, Euronext Growth Oslo:CAN) reported revenues of USD 1.2 million in the financial first quarter ending 31 July 2023 with annual recurring revenues of USD 7.5 million and a cash position of USD 3.1 million as per 31 July 2023.
"Spotlio has continued to execute on its strategy during this quarter with exciting new partnerships and customers signed and a relentless focus on cost rationalization initiatives. We remain on track on our path towards achieving operational profitability”, says Christian Erlandson, CEO of Spotlio.
"Today marks a pivotal moment in our journey, the union of Spotlio and Catalate ignites an era of limitless possibilities, where our collective expertise will reshape the landscape of destination digital technology”, added Erlandson.
Spotlio will today host a company presentation at 16:00 CET.
Event: Presentation of Spotlio first quarter FY24 financial results, 1 May 2023 to 31 July 2023
Time: 16:00 CET
Presenters: Christian Erlandson, CEO, and James Price, CFO
Streaming details:
https://channel.royalcast.com/landingpage/spotlio/20230919_1/
The presentation will be held in English and will be followed by a Q&A session.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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About Canopy Holdings 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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