Flow Beverage Corp. (TSE:FLOW) has released an update.
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Flow Beverage Corp. reported a reduction in net revenue for Q2 2024 but saw an improvement in gross margins and the best Adjusted EBITDA result since their IPO in July 2021. The company’s financial results are starting to reflect the benefits of its restructuring and operational optimizations, with expectations to achieve positive Adjusted EBITDA and cash flow from operations by Q4 2024.
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