on SMART GOOD THINGS (isin : FR001400CDB7)
Smart Good Things: Annual Review 2024
Smart Good Things Holding has released its financial results for 2024. The year was marked by a major strategic transformation. Partnerships with Distribution Casino France ended, resulting in contract terminations and a €2.0 million inventory sale. In addition, the company sold its majority stake in Salva to Garance for €50.0 million.
The financial results show a decrease in revenue to €4.8 million, but nevertheless a positive net profit of €8.9 million, compared to a loss of €60.3 million in 2023. This improvement results from the reduction in operating expenses and the sale of Salva. Cash also strengthened to €7.4 million, with no financial debt at the end of 2024.
Two new subsidiaries have been launched to support a sustainable development strategy, and a secondary establishment has been created to boost the Smart Wallet project.
R. H.
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