Reports Q2 revenue $1.73M vs $1.31M last year. “The second quarter of 2024 saw our revenue and gross profit improve again, while we continued to make efforts to further reduce cash burn. Our cash used in operations for the quarter was $332k, the lowest use of cash for operating activities since our IPO, compared to cash used in operations of $534k during the same period in 2023 and $400k in 1Q24,” commented Onfolio Holdings CEO Dominic Wells.
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