Memscap: +340% over the year!

(Boursier.com) — Memscap should end the 2023 stock market year with a gain of around 340%! This is obviously one of the best performances on the Parisian rating, which welcomes the notable improvement in the group’s accounts. The file now capitalizes around 46 million euros. At the end of October, Memscap unveiled nine-month accounts marked by growth of more than 52% and a turnover of 10.1 million euros. The operating profit from continuing activities was €1.66 million. Net profit reached 1.44 ME as of September 30, 2023 compared to a net loss of -631 kE over 9 months in 2022. Memscap’s operational and financial achievements over the first 9 months of the 2023 financial year “confirm the trajectory to 2026 defined by the 4C Plan focused on an average annual hypergrowth rate of 20% associated with high levels of profitability”, commented management…