PopReach Corporation (TSE:INIK) has released an update.
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PopReach Corporation, known as Ionik, reported a notable increase in revenue and EBITDA for Q2 2024, with revenues rising 26% to $44.8 million and adjusted EBITDA soaring 52% to $5.5 million. This financial growth is attributed to recent acquisitions and organic growth. The company also managed to reduce senior debt by $2.8 million, reflecting a strong financial performance.
For further insights into TSE:INIK stock, check out TipRanks’ Stock Analysis page.