NFON AG further advances its reorganisation in Q1 2024 and increases revenue and profitability as planned
- Recurring revenue up 2.8% at EUR 19.9 million in first quarter of 2024
- Share of recurring revenue increases to 93.6% of total revenue
- Significantly improved adjusted EBITDA of EUR 2.8 million results in adjusted EBITDA margin of 13.2% in relation to revenue
- Further milestones achieved in creating solid foundations for sustained profitable growth
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