Plaintree Systems (TSE:NPT) has released an update.
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Plaintree Systems Inc. has reported a significant turnaround with their fiscal year 2024 results, showcasing a revenue increase to $24.2 million from $19.9 million in the previous year and achieving a net profit of $1.07 million, recovering from a $1.94 million loss in fiscal 2023. This financial recovery is attributed to increased gross margins and revenue growth, which the company anticipates will continue to enhance its performance in fiscal 2025.
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