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InsuraGuest Technologies ( (TSE:ISGI) ) just unveiled an update.
InsuraGuest Technologies reported a 21% increase in revenue and a 44% rise in gross margin for the six months ending December 31, 2024, attributed to the addition of new vacation rental properties and sustained revenue from a new customer. The company also reduced its comprehensive loss significantly, reflecting improved cost management. InsuraGuest continues to enhance its insurtech solutions, solidifying its position as an industry leader in the vacation rental, hotel, and events sectors, which is driving its growth towards profitability.
More about InsuraGuest Technologies
InsuraGuest Technologies Inc. is an innovative Insurtech company that provides insurance and warranty coverages specifically tailored for vacation rentals, hotels, resorts, and ticketed events. The company focuses on delivering tech-driven risk management solutions within the hospitality sector and is continually expanding its offerings to meet evolving market demands.
YTD Price Performance: 28.57%
Average Trading Volume: 44,832
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$7.67M
See more insights into ISGI stock on TipRanks’ Stock Analysis page.