Sabio Holdings Inc. (TSE:SBIO) has released an update.
Sabio Holdings Inc. has announced a substantial growth in revenue commitments for 2024, securing over $27 million, signaling a strong year ahead with a 90% renewal rate for its top customers and expected profitability by year’s end. The company’s Q4 2023 results showed a healthy adjusted EBITDA of $2.1 million and a gross profit margin of 61%. These financial accomplishments reflect Sabio’s effective strategies and offerings in the ad-supported streaming market, which continue to attract and retain major brands like Toyota.
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