Odd Burger Corporation (TSE:ODD) has released an update.
Odd Burger Corporation reports a record second quarter with a gross profit of $298,162, up 11.86% from last quarter, indicating significant strides towards operational efficiency and scaling. The company also saw an 8.46% increase in revenue compared to the same period last year and a substantial reduction in net loss by over 60%. Optimism surrounds the franchise with a successful new opening in Edmonton and the anticipation of five additional franchise locations, suggesting a promising outlook for profitability.
For further insights into TSE:ODD stock, check out TipRanks’ Stock Analysis page.