FansUnite Entertainment, Inc. (TSE:FANS) has released an update.
FansUnite Entertainment Inc. has released its Q1 2024 financial results, showing a robust 14% increase in revenue to $8.3 million, and a significant 58% boost in adjusted EBITDA to $1.7 million. Despite a slight decrease in gross margin from 65% to 63%, the company has seen considerable growth and expansion in the U.S., including diversification efforts that have strengthened its financial position without the need for outside funding.
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