Intouch Insight (TSE:INX) has released an update.
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Intouch Insight Ltd has reported a robust start to 2024 with a 54% surge in Q1 revenue, reaching $7.8 million, and a significant improvement in EBITDA to $343,843, up from just $22,088 in the same quarter last year. Despite a decrease in margin percentage due to lower margin Ardent revenues, overall gross margin grew by 25%. The company is adapting to market conditions by focusing on profitability and EBITDA while preparing for future growth and client programs slated for 2025.
For further insights into TSE:INX stock, check out TipRanks’ Stock Analysis page.
