Smartoptics Keeps $300M-$400M Revenue Ambition as Q3 Sales Jump 80%

Smartoptics Group ASA reported third-quarter revenue of $34.278 million, an 80.4% year-over-year increase, while maintaining its aspiration to grow revenue to $300 million to $400 million or more over time. The company did not set a year for reaching the revenue range. Its retained aspirations also call for average annual growth above 25% from 2026 and an EBIT margin above 16% in the second half of its planning period. Operating profit, or EBIT, was $7.077 million for the three months ended Sept. 30, compared with $1.610 million a year earlier.

Source: TokenPost