Curated News
By: NewsRamp Editorial Staff
April 24, 2025
Onar Releases 2024 Shareholder Letter Revealing Strong Growth and Expansion Plans
TLDR
- ONAR's strategic partnership with iQSTEL and global expansion provide a competitive edge in the marketing technology industry.
- ONAR's 2024 shareholder letter highlights revenue growth, cost reduction, workforce expansion, and tech innovations driving the company's success.
- ONAR's commitment to excellence, trust, and industry leadership aims to improve client relationships and drive revenue growth through innovative marketing services.
- ONAR Labs, a pioneering technology incubator, is developing innovative AI solutions to revolutionize the marketing industry and drive real-world impact.
Impact - Why it Matters
This news matters as it showcases the remarkable financial progress and strategic advancements of Onar, a leading marketing technology company. The significant increase in revenue, global expansion efforts, and focus on cutting-edge technology demonstrate Onar's commitment to innovation and excellence in the industry. Investors and stakeholders can gain valuable insights into the company's future direction and potential opportunities for growth.
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 Releases 2024 Shareholder Letter Revealing Strong Growth and Expansion Plans
