Advantex Marketing International (TSE:ADX) has released an update.
Advantex Marketing International Inc. reported a notable 51% increase in revenue for Fiscal 2024, driven by the success of its Merchant Cash Advance and Aeroplan marketing programs. Despite facing challenges such as increased delinquent accounts and a net loss of $2.7 million, the company achieved a significant improvement in EBITDA to $0.51 million. These results highlight Advantex’s strategic growth and operational efficiency in the competitive market.
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