Banxa Holdings Reports Strong Growth in Q2 and FY24

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.

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