Curated News
By: NewsRamp Editorial Staff
April 24, 2025
Onar (OTCQB: ONAR) Releases 2024 Shareholder Letter Highlighting Growth and Expansion
TLDR
- ONAR's strategic partnership with iQSTEL and global expansion drive strong financial growth, positioning it for competitive advantage.
- ONAR's 2024 shareholder letter highlights revenue increase, cost reduction, workforce expansion, and AI-driven tech initiatives for future growth.
- ONAR's commitment to excellence, trust, and innovation through AI-driven marketing services aims to elevate industry standards and client relationships.
- ONAR Labs pioneers AI, machine learning, and analytics innovations, fostering creativity and real-world impact in the marketing technology industry.
Impact - Why it Matters
This news matters as it showcases the significant growth and strategic initiatives of Onar, a leading marketing technology company. The strong financial performance and global expansion outlined in the shareholder letter demonstrate Onar's commitment to innovation and excellence. The company's focus on AI, machine learning, and analytics signifies its dedication to staying at the forefront of marketing technology, making it a key player to watch in the industry.
Summary
Onar (OTCQB: ONAR), a marketing technology company and network of agencies, has released its 2024 shareholder letter outlining strong financial growth, global expansion, and tech-driven initiatives. CEO Claude Zdanow reported a 57% increase in consolidated revenue over the first nine months of the year and a $250,000 reduction in cost of revenues. The company strengthened its position through a strategic partnership with iQSTEL (OTCQX: IQST), workforce expansion across five continents, and the launch of ONAR Labs to pioneer innovations in AI, machine learning, and analytics. The letter also confirmed plans for a strategic acquisition and the formation of an independent board in 2025.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Onar (OTCQB: ONAR) Releases 2024 Shareholder Letter Highlighting Growth and Expansion
