PlantX Life Inc. (TSE:VEGA) has released an update.
PlantX Life Inc. reported a decrease in net loss to $5 million in 2024 from over $21 million the previous year and an 8% increase in gross margins, despite a drop in revenue to $7.3 million. The company’s focus on cost-reduction and efficiency has led to improved financial health, and strategic moves like the opening of the largest vegan food hall in the USA have positioned PlantX for sustainable growth.
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