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Data enrichment segment with an increase in data sales in October by 42%

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Data enrichment segment with an increase in data sales in October by 42%
Source: Cloud Technologies

NewConnect listed company specializing in digital data monetization, Cloud Technologies, has presented another growth month for data sales in its strategic segment – Data enrichment. Sales of digital information to key customers increased by 42 percent y/y in October. The Data enrichment segment is characterized by a high EBITDA margin, close to 70 percent and at the end of September this year, it was already responsible for 45 percent of the revenues of the entire Cloud Technologies group.

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