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Flow Beverage Corp. ( (TSE:FLOW) ) has issued an announcement.
Flow Beverage Corp. reported its financial results for Q4 2024 and fiscal 2024, highlighting a 22% increase in consolidated net revenue compared to Q4 2023. Despite a decline in Flow brand revenue, the company improved its gross margin and reduced its adjusted EBITDA loss significantly. The company is aiming for substantial growth in fiscal 2025 with new financial targets and is focusing on increasing production efficiency at its Aurora facility. The recent capital injections and operational improvements are expected to lead the company towards profitability and positive cash flow.
More about Flow Beverage Corp.
Flow Beverage Corp. is a company operating in the beverage industry, primarily focusing on producing water products. The company is known for its Flow brand and is actively working on enhancing its market presence through product innovation and strategic partnerships.
YTD Price Performance: -5.88%
Average Trading Volume: 54,629
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.25M
For an in-depth examination of FLOW stock, go to TipRanks’ Stock Analysis page.
