Delivra Health Brands Inc. (TSE:DHB) has released an update.
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Delivra Health Brands Inc. has reported a robust second quarter for fiscal 2024 with a 39% increase in year-over-year net revenue and positive EBITDA, despite a slight net revenue dip due to lower U.S. sales of Dream Water. The company’s gross profit margin improved to 54%, up from 41% the previous year, attributed to a higher percentage of profitable customers. Delivra Health continues to expand its market presence with increased marketing efforts and new product initiatives.
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