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The latest update is out from Intouch Insight ( (TSE:INX) ).
Intouch Insight reported a successful financial year for 2024, with an 11% increase in revenue to $28.2 million and a significant rise in net income to $1.4 million from a previous loss. The company experienced its strongest year yet, achieving record profits, with 82% of its revenue derived from the United States. Despite a slight decrease in gross margin due to a shift in product mix, the company remains committed to sustainable and profitable growth, ensuring it generates necessary resources for future operations.
More about Intouch Insight
Intouch Insight is a company that provides a comprehensive range of customer experience management (CEM) products and services. These offerings help global brands enhance customer satisfaction, strengthen brand reputation, and improve financial performance. The company supports clients in collecting and centralizing data from various customer interactions, providing actionable insights and tools to enhance customer experiences. Founded in 1992, Intouch Insight is trusted by over 300 prominent North American brands for services including customer surveys, mystery shopping, mobile forms, operational audits, and event marketing automation.
YTD Price Performance: -10.0%
Average Trading Volume: 20,114
Technical Sentiment Signal: Sell
Current Market Cap: C$13.06M
Learn more about INX stock on TipRanks’ Stock Analysis page.