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Pivotree ( (TSE:PVT) ) has provided an update.
Pivotree Inc. reported a record Adjusted EBITDA of $1.7 million for Q4 2024, marking a significant improvement due to organizational changes that enhanced operating efficiencies. Despite a decrease in total revenue by 13.3% compared to the previous year, the company achieved a reduced net loss and continued to secure key project extensions and new deals, indicating potential future revenue growth.
More about Pivotree
Pivotree Inc. is a leader in frictionless commerce solutions, focusing on providing managed and IP solutions, legacy managed services, and professional services to enhance ecommerce platforms and supply chain operations.
YTD Price Performance: 19.51%
Average Trading Volume: 5,200
Technical Sentiment Signal: Buy
Current Market Cap: C$26.15M
Find detailed analytics on PVT stock on TipRanks’ Stock Analysis page.