Patriot One Technologies (TSE:XTRA) has released an update.
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Xtract One Technologies Inc. reports significant growth in its second-quarter fiscal 2024 results, with revenue increasing to $2.9 million from $0.8 million the previous year and gross margin improving to 61.1%. The company secured multiple new customers across various sectors and saw its total contract value of new bookings surge to $5.1 million. With a robust sales backlog now exceeding $22 million, Xtract One is poised for a record-setting year, expressing confidence in continued growth.
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