An announcement from Thinkific Labs ( (TSE:THNC) ) is now available.
Thinkific Labs Inc. announced its financial results for the fourth quarter and full year of 2024, highlighting a 13% year-over-year increase in revenue to $17.6 million and a significant improvement in cash flow from operations, which grew to $7 million from a loss of $5.4 million in 2023. The company has transitioned from cost-cutting to investing in profitable growth, with a focus on product innovation and exceptional service, earning recognition in G2’s 2025 Best Software Awards. This strategic shift positions Thinkific for continued growth alongside its customers, supported by a strengthened senior management team.
More about Thinkific Labs
Thinkific Labs Inc. is a leading cloud-based software platform that enables entrepreneurs and established businesses of all sizes to create, market, and sell digital learning products. The company focuses on providing solutions for education software and customer service software, catering to a diverse range of clients looking to expand their digital learning offerings.
YTD Price Performance: 3.83%
Average Trading Volume: 17,335
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$221.9M
See more data about THNC stock on TipRanks’ Stock Analysis page.