Mind Gym (GB:MIND) has released an update.
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Mind Gym PLC has returned to EBITDA profitability, reporting a £0.8m profit for the first half of 2024, driven by cost reductions and strategic transformations despite challenging market conditions. While its EMEA revenues increased by 24%, its US revenues saw a 27% decline, affecting overall performance. The company is focusing on strategic growth areas with new diagnostic and AI-based products, aiming for sustainable revenue streams.
For further insights into GB:MIND stock, check out TipRanks’ Stock Analysis page.
