The new strategy has proven to be successful; the company recently achieved its first full year of operational profit. Indeed, it has been profitable since Q3 2021, and Q4 2021 was the company’s most profitable quarter to date.
HMD has ambitious growth goals — by the end of this year, it hopes to be the market leader for prepaid smartphones in the United States. Another option is to segregate services into a distinct division that would focus exclusively on corporate users (e.g. IoT data roaming and SIM management).
