CE Brands, Inc. (TSE:CEBI) has released an update.
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CE Brands, Inc. reports a marginal increase in Q1 2025 revenue by $0.12 million, a 10% rise compared to last year, driven by B2B sales of its Moto products. Despite this, the company faced a net loss of $0.54 million, a stark contrast to the previous year’s net income, attributed to a one-time gain. The company highlights the Moto watch line’s growth and expresses confidence in its continued success and progress towards profitability.
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