White Pearl Technology Group AB Reports Record 2024 Results with 29% Revenue Growth

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: Q4 2024 Report Publication Brought Forward

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…

[Correction: The correction is regarding the wrong date and time in the MAR Label] WPTG Signs Letter of Intent to Acquire Lumin4ry Consulting AB in Significant Swedish Expansion

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…

WPTG Signs Letter of Intent to Acquire Lumin4ry Consulting AB in Significant Swedish Expansion

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…

Regulatory Release – Inside Information White Pearl Technology Group AB: Trading Update – Own Products and IP Drive Improvement in Gross Margins and Revenue at WPTG in 2024

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…

WPTG subsidiary ECC signs digital transformation contract with EgyptAir

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…

WPTG completes a directed share issue of 1,494,262 new shares, raising proceeds of approximately SEK 9.0 million

The board of directors of White Pearl Technology Group AB (publ) (“WPTG” or the “Company”) has today resolved to carry out a directed share issue of 1,494,262 new shares at a subscription price of SEK 6 per share, corresponding to a premium of approximately 13.2% compared to the volume-weighted average price (VWAP) for the WPTG…

WPTG acquires Nordic technology consultancy Nuport and resolves on a directed share issue

White Pearl Technology Group AB (publ) (“WPTG”) has today entered into an agreement regarding the acquisition of, and taking possession of, all shares (the “Shares”) in Nuport Sverige AB (“Nuport”). The seller of Nuport Sverige AB will receive newly issued shares in WPTG through a directed share issue. Nuport is one of Sweden’s leading SAP…

WPTG acquires 51% stake in Indian AI pioneer OneBrain and resolves on a directed share issue

White Pearl Technology Group AB (publ) (“WPTG”) has today entered into an agreement regarding the acquisition of, and taking possession of, 51% of the shares (the “Shares”) in OneBrain (“OneBrain”). The total transaction value is USD 300,000, to be paid in three tranches, with the first tranche of SEK 1,100,000 executed today following successful due…

WPTG Pioneers Advanced Municipal Revenue Enhancement Solutions across Africa

White Pearl Technology Group AB (WPTG) provides insights into its innovative municipal digital transformation programs being implemented in Kenya and South Africa, highlighting the complex technical capabilities required for successful delivery. Technical Expertise Driving Innovation: • Data Scientists specialising in revenue pattern analysis and anomaly detection • AI/ML Engineers developing custom predictive models for municipal…