PopReach Corporation (TSE:INIK) has released an update.
PopReach Corporation, a data-driven marketing technology firm, has reported a record-setting fiscal year 2023 with $140.6 million in revenue, marking a 43.3% increase from the previous year. The company’s Adjusted EBITDA soared by 51.3% to $14.9 million, attributed largely to strategic acquisitions and cost reductions. Despite these gains, the fourth quarter saw a significant net loss of $44.7 million due to a substantial impairment of intangible assets and goodwill.
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