Redishred Reports Robust Financial Growth

Redishred Capital (TSE:KUT) has released an update.

Redishred Capital Corp. reported a significant increase in its Q4 2023 revenue, reaching $16.8 million CAD, a 9% rise from the previous year. The company’s EBITDA showed remarkable growth, with a 573% increase excluding net recycling revenue, and overall EBITDA growth of 2%. Throughout 2023, Redishred achieved a robust 15% revenue growth, amounting to $65.9 million CAD, and a notable 11% increase in free cash flow.

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