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Nextleaf Solutions Achieves Record Growth and Maintains Debt-Free Status in FY2024

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Nextleaf Solutions Achieves Record Growth and Maintains Debt-Free Status in FY2024

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An update from Nextleaf Solutions ( (TSE:OILS) ) is now available.

Nextleaf Solutions Ltd. has reported its financial performance for Fiscal Year 2024, highlighting record growth in branded product sales and maintaining a debt-free status. The company achieved a gross revenue of $16,567,537, marking a 66% increase from the previous fiscal year, and a net revenue of $12,478,039, reflecting a 53% increase. These results underscore Nextleaf’s financial resilience and strengthened market presence despite challenging economic conditions.

More about Nextleaf Solutions

Nextleaf Solutions Ltd. is an innovation-driven life sciences company and licensed cannabis processor. The company focuses on producing branded cannabis products and operates within the cannabis industry.

YTD Price Performance: 4.00%

Average Trading Volume: 56,698

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.57M

For an in-depth examination of OILS stock, go to TipRanks’ Stock Analysis page.

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