France’s LightOn reports first results post IPO, confirms targets

(Reuters) – French generative AI startup LightOn on Monday reported first results since its November IPO and confirmed its annual target for 2025.

The company said its total sales were 1.1 million euros ($1.13 million) in the full year 2024, which it expects to grow to 6 million euros this year.

($1 = 0.9762 euros)

(Reporting by Nathan Vifflin in Gdansk; Editing by Milla Nissi)