Vertiqal Studios Celebrates Profitable Q1 2024

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

Vertiqal Studios, a digital-channel network and video-production studio, has reported a promising start to 2024 with a 17% increase in revenue and a significant reduction in costs, resulting in a substantial decrease in EBITDA loss. The company’s strategic cost-cutting measures, including personnel and paid media, have led to a 78% gross margin for Q1, marking a considerable improvement over the previous year’s quarter.

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