Banxa Holdings Showcases Strong Q2 Growth

Banxa Holdings, Inc. (TSE:BNXA) has released an update.

Banxa Holdings Inc. has reported a robust performance for Q2 FY24 with a notable 63% increase in Total Transaction Volume, reaching AUD $242 million, and a 39% rise in Gross Profit at AUD $6.8 million. The financial results also highlighted a 43% improvement in Adjusted EBITDA and a healthy cash position, reflecting the company’s successful turnaround efforts and strategic positioning for future growth.

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