Omni-Lite’s Stellar First Quarter Financials
Company Announcements

Omni-Lite’s Stellar First Quarter Financials

Omni-Lite Industries Canada Inc. (TSE:OML) has released an update.

Omni-Lite Industries Canada Inc. has reported a record-breaking first quarter in fiscal 2024, with revenues surging by 57% to US$4.3 million and EBITDA skyrocketing to US$884,000, more than tripling the previous year’s best performance. The company’s strong financial position is highlighted by a robust backlog of US$6.5 million and a debt-free balance sheet, signaling sustained growth and operational efficiency.

For further insights into TSE:OML stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskOmni-Lite Posts Record Q2 Revenue and EBITDA Growth
GlobeNewswireOMNI-LITE INDUSTRIES REPORTS FIRST QUARTER FISCAL 2024 RESULTS
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App