Capital, Earnings & M&A
Org Technology Emerges from Downturn with Two Consecutive Years of Net Profit Growth, Diversification Away from Red Bull Shows Results
Org Technology, once heavily reliant on Red Bull, is moving past that dependency. After a decline in 2017-2018 due to the Red Bull dispute, the company diversified its client base and product lines, leading to a rebound in net profit in 2019 and 2020, with a projected over 400% increase in Q1 2021.
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