OneSoft Solutions (TSE:OSS) has released an update.
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OneSoft Solutions Inc. has reported a robust start to the year with a 32% increase in Q1 2024 revenue compared to Q1 2023, alongside a significant 65% increase in cash reserves. The company also saw a 40% rise in gross profit, with gross margins improving to 74.8%. However, a net loss increase of $77,000 was recorded, attributed to rising costs, despite an improved adjusted EBITDA by $135,000.
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