OverActive Media Scores Record Revenues in 2023

OverActive Media Corp (TSE:OAM) has released an update.

OverActive Media Corp. celebrates a triumphant financial year with a record $15.7 million in revenue, marking an 11% increase from the previous year, accompanied by a 29% improvement in adjusted EBITDA losses. The company also reports a strong cash position with $13.9 million in hand as of year-end 2023, reflecting a disciplined approach to cost control, including cuts in operating expenses. These fiscal achievements are complemented by prestigious accolades, including a Gold Medal at the Sponsorship Marketing Awards and a place on Canada’s Glory Power 50 list.

For further insights into TSE:OAM stock, check out TipRanks’ Stock Analysis page.