Huddly AS

Huddly AS

HUDLF
Huddly ASUS flagOther OTC
0.57
USD
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- -
122.51MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Stein Ove Eriksen
Full Time Employees
133
Sector
Technology
Industry
Hardware, Equipment & Parts
Address
Karenslyst Allé 51 Oslo Norway 0279
Website
huddly.com
Business
Huddly AS develops AI-powered cameras and video collaboration systems for hybrid meeting rooms worldwide. The company offers Huddly C1, an AI-driven videobar for small to medium rooms; Huddly Crew, an AI-directed multi-camera system with add-on cameras for larger spaces; Huddly L1 for medium and large meeting rooms featuring 4K ultra-wide lenses and Huddly Director real-time editing; Huddly S1 for small and medium rooms; legacy products including Huddly IQ, Huddly ONE, and Huddly Canvas whiteboard cameras; plus accessories such as mounts, adapters, cables, and front plates; alongside Huddly Intelligence on-device AI software enabling autonomous framing, sound analytics, and platform integration with Microsoft Teams, Zoom, and Google Meet. Founded in 2013 and headquartered in Oslo, Norway, Huddly operates in Europe, the Middle East, Africa, the Asia Pacific, and the Americas through direct presence in the US and EMEA, APAC support, and global distribution channels targeting corporate, education, healthcare, and government sectors. Recent developments include a new strategic partnership with a leading global audiovisual player signed in Q4 2024 for significant revenues starting Q4 2024; accelerated adoption of Huddly Crew with 650 kits forecasted for Q4 2024 sale including orders from large Canadian and US customers; Microsoft deployment of Huddly Crew at Redmond headquarters; planned launch of Huddly Crew+ Videobar with audio in February 2025; a contemplated NOK 130 million equity raise with NOK 105 million in pre-commitments as of December 2024; cost reductions targeting NOK 12 million annualized savings from 2025; revenue growth to NOK 45 million in Q3 2025 up 75% year-over-year driven by partners like Jabra, Lenovo, Microsoft, and Barco; and an ongoing strategic review with an indicative acquisition offer received in late 2024 expected to conclude in Q1 2025.