Miniluxe Holding Corp. (TSE:MNLX) has released an update.
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MiniLuxe Holding Corp. reported a successful financial year for 2023, with a notable 14% increase in revenue over the previous year, achieving a record $24.6M and a gross profit of $10.1M. The company attributes this growth to strong same-store sales and a popular new nail press-on product, alongside increased visits from its most loyal customers. With ongoing strategic reorganization, MiniLuxe is optimistic about its profitability prospects and continued growth.
For further insights into TSE:MNLX stock, check out TipRanks’ Stock Analysis page.
