Tekcapital (GB:TEK) has released an update.
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Tekcapital plc, an intellectual property investment group, has noted that its portfolio company, Innovative Eyewear, Inc., reported a significant increase in its Q2 2024 revenues, up 82% from the previous year. The growth has been attributed to successful e-commerce strategies and new product launches. Innovative Eyewear has also improved its gross profit margins and is preparing to introduce new product lines and retail solutions by Q1 2025.
For further insights into GB:TEK stock, check out TipRanks’ Stock Analysis page.
