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Kerlink's revenues rise to EUR 24.8 mln driven by international expansion

Thursday 5 April 2018 | 10:11 CET | News
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Internet of Things network specialist Kerlink has reported full-year revenues of EUR 24.8 million, up by 75.4 percent on 2016. Growth was driven by a 3.6-fold increase in revenues from international activities, which improved to account for 52 percent of overall revenues (up from 25% in 2016). EBITDA moved into positive territory in the second half of the year, reaching EUR 800,000 over the six months, partly offsetting the loss reported in the first half (-EUR 1.1 million).

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Categories: Mobile & Wireless
Companies: Kerlink
Countries: France / World
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IoT


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