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

January 6, 2020

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Adevinta Ebay Final
Timeline of The Adevinta - eBay Classifieds Deal

On Friday, Adevinta announced that its deal to acquire eBay's Classifieds division is finally complete. It's been almost a year...

Read More
Best And Worst June
The Best (and Worst) Portal Content From Around the World: June

Here we go again with another lighthearted look at the content being produced, endorsed or syndicated by property portal companies...

Read More
Rea Pg Deepdive
The REA Group - PropertyGuru Deal: An Online Marketplaces Deep Dive

The news that PropertyGuru has reached an agreement with REA Group to acquire the Australian portal giant’s assets in Malaysia...

Read More
Nyc Portal Wars 1
Battle Lines Drawn in New York Portal Wars as CoStar Circles around Zillow Dominated Market

For a while now it has been no secret that the American commercial real estate giant CoStar is coming for...

Read More

Popular News