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Vertiqal Studios Boasts High Profit Margin in Q2 2024

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Vertiqal Studios Boasts High Profit Margin in Q2 2024

Wondr Gaming Corp (TSE:VRTS) has released an update.

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Vertiqal Studios Corp. has reported a strong second quarter in 2024, with an impressive 79% gross profit margin and a significant reduction in total expenses by 70%, despite a 22% revenue decline. This financial performance also reflects an improved EBITDA, marking a substantial 80% decrease in net loss compared to the same period last year.

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

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