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The latest update is out from Miniluxe Holding Corp. ( (TSE:MNLX) ).
MiniLuxe Holding Corp. reported a 9% increase in revenue to $6.1 million and a 12% rise in gross profit to $2.5 million for Q1 2025, despite a slight increase in operating loss due to one-time expenses. The company continues to focus on strategic pillars such as expanding through partnerships, enhancing studio profitability, and improving cost efficiency, supported by a strong cash position and the successful extinguishment of convertible debt.
More about Miniluxe Holding Corp.
MiniLuxe Holding Corp. operates in the beauty and wellness industry, focusing on providing nail care services through its branded Core Studios and franchise locations. The company emphasizes growth through partnerships and franchise models, aiming to expand its talent revenue base and improve studio-level profitability.
Average Trading Volume: 10,226
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$71M
See more data about MNLX stock on TipRanks’ Stock Analysis page.