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Capelle aan den Ijssel, The Netherlands 29 April 2021 - GeoJunxion shows modest Q1 YoY topline growth, improves its bottom line, and significantly increases order intake, which will convert into revenue in the remainder of 2021.
Covid-19 and the related measures taken over the past 12 months, have proven to be a significant challenge for the global economy. The GeoJunxion team and our underlying business continues to show strong resilience: Revenue during the past quarter has increased by a modest 4% compared to the same period in 2020. The bright spot is the order intake, which has increased by 38% thus far, versus last year. In addition, we are very encouraged by the market response to our new products and the strength of our pipeline of opportunities.