Anoto Posts Modest Q1 Revenue Gain as Retail Sales Strengthen
Anoto reported a 6% rise in net sales to SEK 6.9 million in the first quarter, driven by a 17% increase in its retail segment. The company narrowed its operating loss to SEK 9 million, expanded gross margin to 75%, reduced headcount via AI-driven workflows and closed a secured convertible loan. Management named Jonathan Faiman as chief executive an…