iFabric Reports FY 2023 Results: Strong Revenue Growth and Positive Gross Profit
Tuesday, 2 April 2024, 14:24
iFabric Reports FY 2023 Results
iFabric released its FY 2023 results, highlighting a significant increase in revenues to $28.4M, marking a 35% growth from the previous year. The company achieved a positive gross profit of $11.1M, reflecting its operational efficiency and financial strength. Although a net loss of $2.1M was reported, the company's solid revenue growth indicates potential for future profitability.
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