Netgem : Trading update: targets confirmed for 2023
>Netgem reiterates its target to grow its subscriber base and ARR by 30% - As part of a trading update (now traditional at end-Q1 and Q3), the group reiterated this morning its target to grow its subscriber base and ARR by 30% in 2023 (target raised at the interim earnings publication in July). As a reminder, Netgem no longer reports quarterly data beyond several qualitative details. At end-June, the group reported 647k subscribers, up 26% since the beginning of the y...Netgem is a provider of Internet services through television. Co.'s solution enables businesses and communities to build one-to-one Web-based relationships with their customers and members by providing access to online services. Co.'s technology operates on a Linux-based open software platform and a thin-client access device. Co.'s Netgem Solution is available for standard telephone connection at 56kbs, ISDN lines, Ethernet connection (ADSL modems) and broadband cable (DOCSIS standard) Co. offers the Netbox, which transforms every television set into an Internet-enriched television using only a standard telephone connection.
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