Banxa Holdings Reports Strong Growth in Q2 and FY24
Company Announcements

Banxa Holdings Reports Strong Growth in Q2 and FY24

Story Highlights

Banxa Holdings, Inc. (TSE:BNXA) has released an update.

Banxa Holdings Inc. has released its unaudited financial results for the June quarter and FY24, indicating robust growth with a 16% increase in Total Transaction Volume and a 67% surge in Gross Profit. The company has also achieved a higher Net Take Rate and improved its Adjusted EBITDA, although there is a noted decrease in cash and receivables.

For further insights into TSE:BNXA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBanxa Holdings Revamps Leadership for Growth
Christine BrownBNXA Earnings this Week: How Will it Perform?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App