SMX Achieves 100% Year-To-Date Growth In Commercialization Driven By Client Adoption & Transformation Across Industries; Expects Revenue Growth In 2023
Portfolio Pulse from Benzinga Newsdesk
Security Matters plc (SMX) reports 100% year-to-date growth in commercialization driven by client adoption across industries. The company expects revenue growth in 2023 due to increased adoption and experimental program conversions. SMX has commercial relationships with Sumitomo Corporation and Continental AG, and is expanding into the metals, mining, and fashion industries.

June 14, 2023 | 1:50 pm
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SMX reports 100% year-to-date growth in commercialization and expects revenue growth in 2023. The company has commercial relationships with Sumitomo Corporation and Continental AG, and is expanding into the metals, mining, and fashion industries.
SMX's 100% year-to-date growth in commercialization and expected revenue growth in 2023 indicate strong performance and potential for further expansion. The company's commercial relationships with Sumitomo Corporation and Continental AG, as well as its expansion into the metals, mining, and fashion industries, demonstrate its ability to penetrate new markets and drive client adoption. This is likely to have a positive impact on SMX's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100