Coho Collective Kitchens Inc (TSE:BRED) has released an update.
Purebread Brands Inc. has reported a significant increase in annual revenue, up 308% from the previous year, reaching $10.6 million, with the fourth quarter alone seeing a 567% increase to $4 million. These impressive figures include only six months of contributions from the recently acquired Purebread Bakery, which also saw a 27% increase in store sales. Despite these gains, the company’s adjusted EBITDA shows a loss, albeit a 46% improvement from the previous year.
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