Anaergia, Inc. (TSE:ANRG) has released an update.
Anaergia Inc. reported a significant shift in its business model in the second quarter of 2024, leading to higher gross profit margins and improved adjusted EBITDA, despite a substantial decrease in revenues compared to the previous year. The company’s strategic transition to a capital-light model is showing positive financial progress according to CEO Assaf Onn.
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