Reka Industrial 'B'

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Reka AI reaches billion-dollar valuation after $110 million funding round

AI startup Reka AI has raised $110 million in a new funding round from investors including Nvidia and Snowflake, boosting its valuation to over $1 billion. The company has more than doubled its workforce over the past year while expanding its range of AI tools for businesses. Previous acquisition talks with Snowflake have ended, but the companies plan to continue their collaboration. » More on de.investing.com

Historical dividends Dividends

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In 2026, Reka Industrial 'B' has already paid €0.09 in dividends. The last payout was in May.

Financials

In the last quarter, Reka Industrial 'B' had revenue of €17.47m and net profit of €594k

(EUR)	June 2026	YoY
Revenue	17.47m	-
Gross profit	3.1m	-
Net profit	594k	-
EBITDA	1.3m	-

Fundamentals

Metric	Value
Market capitalization	€22.42m
Number of shares	5.87m
52-week high/low	€4.92 - €3.76
Dividend yield	2.34%
Dividends TTM	€0.09
Beta	1.11
P/E ratio	26.38
PEG ratio	-0.73
P/B ratio	0.51
P/S ratio	0.69

Company profile

Reka Industrial Oyj manufactures and sells cables and rubbers in Finland, Poland, Sweden, Denmark, Norway, and Russia. It offers instrumentation cables, fire-resistant cables, medium and high voltage cables, wind power cables, halogen-free cables, network power cables, and standard cables under the FlameRex, DryRex, LiteRex, PoweRex, and Reka brands. The company also provides small and medium-sized rubber components for the vehicle and mechanical engineering industries. It serves the industry, construction, power distribution, and equipment manufacturers. The company was formerly known as Neo Industrial Plc and changed its name to Reka Industrial Oyj in December 2020. Reka Industrial Oyj was founded in 1898 and is based in Hyvinkää, Finland. Reka Industrial Oyj is a subsidiary of Reka Ltd.