Yangaroo (TSE:YOO) has released an update.
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Yangaroo Inc. reported a 12% increase in sales volume and revenue for Q3 2024, alongside a significant rise in operating income and normalized EBITDA, demonstrating strong operational efficiency. The company’s Advertising Division showed robust growth, aided by new accounts and the Millenia3 acquisition, while the Music and Awards Divisions faced slight revenue declines. Overall, Yangaroo’s strategic cost reductions and effective operations have driven improvements in profitability and cash flow.
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