The Board of Directors of Almawave S.p.A., a company listed on the Euronext Growth Milan market (Ticker: AIW) and an Artificial Intelligence (AI), natural language processing and Big Data services leader, has today reviewed and approved the periodic financial disclosure at September 30, 2021.

The Chief Executive Officer of Almawave, Valeria Sandei, stated: “This performance reflects the successful execution of the strategy guidelines presented at the beginning of the year on IPO and also the great work by the company and its personnel during this period. Revenue growth accelerated sharply in the first nine months, with a 38.2% increase in the quarter alone compared to the same period last year. Margins also grew decisively and above all, net profit climbed by over 400%. I am therefore satisfied by these numbers, which clearly indicate our strong operating performance, featuring the acquisition of new projects, customers and partners, in addition to the consistent technological development which has increasingly captured the market’s attention”.

Revenues up significantly in 9m 2021 (+26.6% YoY) and in Q3 2021 (+38.2% YoY)
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Almawave

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