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Pollard Banknote Announces Soaring Q2 Financials

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Pollard Banknote Announces Soaring Q2 Financials

Pollard Banknote (TSE:PBL) has released an update.

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Pollard Banknote Limited has reported a significant increase in their second quarter financials for 2024, with a record revenue of $137.8 million and a remarkable 46.2% rise in adjusted EBITDA. The company’s instant ticket business has seen improved profitability thanks to successfully repriced contracts, leading to a substantial increase in gross margins.

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

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