Recruitment firm Moxietech delists from NASDAQ First North

January 6, 2020
Share this Post: 

Swedish recruiter MoxieTech Group AB announced in December that it would be going forward with its plan to delist from Nasdaq First North. 

The company also reported sales fell 12% to SEK 57.7 million (EUR 5.5 million) in its fiscal second quarter ended in October; profit after tax amounted to a loss of SEK 1.2 million (EUR 114,530).

The company, in its announcement on 19 December 2019, said it planned to submit a formal application for delisting in the first week of this year. It plans to issue a press release on its last day of trading.

Managing Director Ronny Siggelin said in a statement that the company did not reach the results it was hoping for during the year. Siggelin cited the slowing business cycle as well as ongoing work to improve the efficiency of the organization.

Read more here.

Join us February 26-27 for the Property Portal Watch Conference Bangkok 2020.

Bkk2020 Banner 949

Read more

January 6, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

New Jersey Governor and NJEDA team up to launch job portal

Read More
Shutterstock 2738268051 1
CMP has a plan to answer unemployment numbers due to COVID-19

Recruitment, coaching and outplacement firm, CMP, is providing over a thousand people free access to their career portal to make...

Read More
Searchie 1
According to AI recruiter Searchie, COVID-19 has actually inflated global hiring numbers

COVID-19 has had one major impact on HRtech: artificial intelligence has found its time to truly shine. Sahiqa Bennett, Co-founder...

Read More
Coronavirus Covid Work Employment Jobs Economy 1
Ex-SocialRank founders premiere new job board to combat coronavirus layoffs

Employment numbers have been in near free-fall since the coronavirus pandemic, and hardly any industry can hide from it. But...

Read More

Editor's Pick