Moomoo AIのまとめ
Innodata Inc. reported strong financial results for Q2 2024, with total revenues increasing 66% to $32.6 million compared to $19.7 million in Q2 2023. The growth was primarily driven by the Digital Data Solutions (DDS) segment, which saw a 93% revenue increase to $25.4 million due to higher volumes from an existing customer. The Agility segment grew 18% to $5.2 million from increased platform subscriptions.Operating metrics showed mixed performance, with gross margin declining to 29% from 35% year-over-year due to higher operating costs. Direct operating costs increased 83% to $23.2 million, primarily from expanded headcount and recruitment fees. Selling and administrative expenses rose 18% to $9.0 million but decreased as a percentage of revenue to 28% from 39%.The company ended the quarter with a strong liquidity position, reporting cash and cash equivalents of $16.5 million. Adjusted EBITDA improved to $2.8 million from $1.6 million in Q2 2023, while net loss narrowed significantly to breakeven from $0.8 million loss last year. Management highlighted continued momentum in AI data preparation services and platform solutions.
