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Cloud Technologies earns net more in Q1 2021 than in entire 2020

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Cloud Technologies earns net more in Q1 2021 than in entire 2020
Source: Cloud Technologies

NewConnect-listed company specializing in Big Data and data monetization, Cloud Technologies, recorded another consecutive increase in financial results. Net revenues amounted to PLN 12.4 million, which means an increase of 10 percent y/y, and EBITDA reached PLN 3.0 million, improving last year's result by PLN 3.6 million. The net profit amounted to PLN 0.9 million and exceeded the total net profit generated during all quarters of the previous year.

Cloud Technologies is a Polish technology…

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