{"id":36822,"date":"2024-06-26T07:00:04","date_gmt":"2024-06-26T07:00:04","guid":{"rendered":"https:\/\/www.incoax.com\/?p=36822"},"modified":"2024-06-26T07:00:42","modified_gmt":"2024-06-26T07:00:42","slug":"incoax-networks-ab-presents-new-financial-goals","status":"publish","type":"post","link":"https:\/\/www.incoax.com\/de\/incoax-networks-ab-presents-new-financial-goals\/","title":{"rendered":"InCoax Networks AB presents new financial goals"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"36822\" class=\"elementor elementor-36822\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-579dc6e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"579dc6e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-65bf7c5\" data-id=\"65bf7c5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f64fe2 elementor-widget elementor-widget-text-editor\" data-id=\"7f64fe2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>InCoax expects continued growth, and the recently announced strategic collaboration with Nokia strengthens InCoax&#8217;s opportunities for further sales expansion in the coming years. <\/strong><\/p><p>The coming quarters will be marked by continued fluctuating sales, but over the next 3-5 year period, the board and company&#8217;s goal is to achieve an average of:<\/p><ul><li>At least 50% annual organic revenue growth<\/li><li>Positive operational cash flow and an EBIT margin of at least 10% from 2025<\/li><\/ul><p>InCoax&#8217;s MoCA Access<sup>TM<\/sup>-based system solution addresses a potential market of more than 150 million households in Europe and North America alone that need to upgrade to high-speed broadband. A large portion of these households are in multi-dwelling units (MDUs) where a significant number already have existing coaxial cable networks installed. In addition to these markets, there are Australia and Asia, where several operators have shown interest in the solution.<\/p><p>InCoax&#8217;s system solution offers a fast, cost-effective, and environmentally friendly connection and installation via the coaxial cable network that provides a fiber-like user experience for subscribers in MDUs where, for various reasons, it is not possible to run fiber all the way to the apartments.<br \/><br \/><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>InCoax expects continued growth, and the recently announced strategic collaboration with Nokia strengthens InCoax&#8217;s opportunities for further sales expansion in the coming years. The coming quarters will be marked by continued fluctuating sales, but over the next 3-5 year period, the board and company&#8217;s goal is to achieve an average of: At least 50% annual [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-36822","post","type-post","status-publish","format-standard","hentry","category-news","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>InCoax Networks AB presents new financial goals<\/title>\n<meta name=\"description\" content=\"InCoax is the leading MoCA-Access technology company engineering the future of MultiGigabit FTTH access extension over existing coaxial networks.\" \/>\n<meta name=\"robots\" content=\"index, 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