INSIDE INFORMATION – CORRECTION A previous version of this press release published on 24 February 2025 at 10:00 CET incorrectly referred to the acquired company as “Lumi4ry AB”. The correct company name is “Lumin4ry AB”. Below is the complete corrected press release. White Pearl Technology Group AB (WPTG) has today entered into a binding agreement…
INSIDE INFORMATION White Pearl Technology Group AB (WPTG) has today entered into a binding agreement to acquire 100% of the shares in Lumi4ry AB (“Lumi4ry”), a Swedish IT services provider. Lumi4ry, with a workforce of 100 people based in Stockholm, is expected to contribute with an annual revenue of approximately SEK 140 million and a…
Key Highlights: · Strategic contract with a value of SEK 100M · 3-year deal with a 2-year option to extend · Part of WPTG’s broader revenue optimisation initiative White Pearl Technology Group AB (WPTG) subsidiary OmnitellTech today announced the award of a significant contract with a major metropolitan municipality in Southern Africa. Due to contractual…
White Pearl Technology Group AB (“WPTG”) announces the termination of its liquidity provider agreement with Pareto Securities AB. The last day of liquidity support services will be February 5, 2025. The purpose of the liquidity provider has been to increase the liquidity of stock trading and reduce the volatility of the Company’s stock to facilitate…
White Pearl Technology Group AB (Nasdaq First North: WPTG), a leading global provider of digital transformation solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Full Year 2024 Highlights: Revenue increased 29.3% to SEK 309.70M (2023: SEK 239.56M) EBITDA rose 49.5% to SEK 50.47M (2023: SEK 33.76M)…
White Pearl Technology Group AB is pleased to announce that the publication of its fourth quarter 2024 report has been brought forward to February 3, 2025, from the previously announced date of February 10, 2025. The accelerated timeline reflects the efficiency of the Group’s reporting processes, allowing for earlier completion of the quarterly results. For…
White Pearl Technology Group AB (WPTG) today announces signing a Letter of Intent to acquire 100% of Lumin4ry, a Swedish ICT staffing company. The transaction represents a significant step in WPTG’s growth strategy and expansion into the Nordics. Deal Rationale: Swedish/Nordic based income for Group Enhances Swedish presence and management Diversification of Revenue Streams ICT…
White Pearl Technology Group AB (WPTG) today announces signing a Letter of Intent to acquire 100% of Lumin4ry, a Swedish ICT staffing company. The transaction represents a significant step in WPTG’s growth strategy and expansion into the Nordics. Deal Rationale: Swedish/Nordic based income for Group Enhances Swedish presence and management Diversification of Revenue Streams ICT…
White Pearl Technology Group AB (publ) provides a trading update for the fourth quarter and full year ending December 31, 2024 White Pearl Technology Group AB (publ) (“WPTG” or “the Company”) (Nasdaq First North: WPTG) announces a trading update for Q4 and the full year ending December 31, 2024. The Company’s focus on its products…
White Pearl Technology Group AB (WPTG) announces that its subsidiary ECC has signed a contract to drive EgyptAir’s digital transformation through SAP S4HANA implementation. The contract, valued at SEK 7.1 million, will be delivered over 12 months. The contract covers EgyptAir Holding and its subsidiaries to establish a standardised digital platform to enhance business operations…