Omni-Lite Canada (TSE:OML) has released an update.
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Omni-Lite Industries Canada Inc. has reported a significant increase in revenue and adjusted EBITDA in the second quarter of fiscal 2024, highlighting strong organic growth and improved financial performance. The company’s revenue surged by 42% to US$4.32 million, with adjusted EBITDA tripling from the previous year, and notable growth in free cash flow which has bolstered the balance sheet.
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