In its latest press release (March 09) Hubwoo announced and detailed following taglines:
- 2008 Results: Revenue €31.8M, EBITDA -€4.6M, Net earnings -€10M
- Greg Mark to replace Mark Williams as CEO
- Q1’09 outlook of €9M revenue and EBITDA positive confirmed
Reading between the lines, Hubwoo’s future looks relies on the confirmation of its successful 2008 track record in US. Question mark for Europe.