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Gold by Gold records financial rebound in 2024
Gold by Gold, a precious metals specialist, announced its annual results for 2024. Revenue reached €13.7 million, up 36% compared to 2023. This increase is due to the rise in the value of gold and the performance of its Colombian subsidiary.
Gross margin stands at €953,000, thanks to rising gold prices and optimized cost management. In 2024, operating profit is €284,000, compared to a loss of €432,000 in 2023.
The group maintains a solid financial position, with a slightly positive group net profit of €36,000. Net cash reached €0.6 million.
For 2025, Gold by Gold is focusing on expanding its business in Colombia. A dividend of €0.03 per share is proposed for 2024.
R. P.
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