Noventiq and Corner Growth Acquisition Corp. File Form F-4/A; Reports Strong H1 FY24 Results Ahead of Proposed Nasdaq Listing [Yahoo! Finance]
Corner Growth Acquisition Corp. - Class A Ordinary Shares (COOL)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
solutions and services provider, and Corner Growth Acquisition Corp. (Nasdaq: COOL) ("Corner Growth"), a special purpose acquisition company led by veteran technology investors ("Sponsors"), today filed with the U.S. Securities and Exchange Commission (the "SEC") a Registration Statement on Form F-4/A (the "F-4/A") in connection with the previously announced proposed Business Combination (as defined below). Recent Key Business Developments Noventiq delivered strong results with revenue for the first six months FY24 of $219.8 million, an increase of 36.4% year-over-year on a reported currency basis and 41.4% in constant currency. Gross profit was $93.8 million, an increase of 25.3% on a reported currency basis, and 32.6% in constant currency. Adjusted EBITDA (excluding share based compensation) was $14.0 million, an increase of 178.4% on a reported currency basis. Adjusted EBITDA (excluding share based compensation) margin on revenue was 6.4%. Noventiq recently completed an audit
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