Mobile value added service provider and IoT Allterco (A4L BU) booked 51% y/y rise in FY2016 net profit despite a loss in 4Q16, according to the Company’s consolidated financial statements. IoT operations delivered BGN 3.7m in revenues in the first year of operations while mobile value added services added 2.9% y/y to BGN 29m in… Read more
On 1 December Allterco started trading on the Bulgarian Stock Exchange and finished its first session with 15% rise above the IPO strike price. Allterco raised BGN 2.18m in an IPO in Sofia in September valuing the Company at BGN 21.8m market cap. Allterco reported strong 3Q16 results The new player on the Bulgarian Stock… Read more