PopReach Corporation (TSE:INIK) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into TSE:INIK stock, check out TipRanks’ Stock Analysis page.