Description
(AWP Alliance News) - EvoNext Holdings released Ascend Sport Technology's unaudited consolidated financial statements on Nov. 5 ahead of their planned merger. Ascend reported net revenue of CHF 43.8 million for the fiscal year ended June 30, 2026, compared with CHF 37.3 million a year earlier.
EBITDA rose to CHF 25 million from CHF 18.9 million, while net profit increased to CHF 8.7 million from CHF 5.3 million. The merger agreement, signed Nov. 1, 2026, would give Ascend a public listing through EvoNext's existing listing on SIX Swiss Exchange.
Completion remains subject to conditions, including shareholder approval at both companies.
https://www.publicnow.com/view/6786955467D54F042772C7CEFE4B59288D19318E…
Disclaimer: This news brief was created using generative artificial intelligence. Evonext Holdings SA published the original content used to generate this news brief via EQS News on November 05, 2026, and is solely responsible for the information contained therein.