EarthLabs Soars in Q2 with Revenue and Subscription Gains

GoldSpot Discoveries (TSE:SPOT) has released an update.

EarthLabs Inc. has reported a substantial increase in revenue for the second quarter of 2024, with a notable 384.3% rise in advertising revenue and a 41.3% increase in subscription revenue, indicating a strong growth phase. Despite these gains, the company faced a net loss, although cash reserves remain strong with over $44 million in cash, cash equivalents, and investments.

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