Cansortium Reports Third Quarter 2024 Results
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Cansortium Inc. reported its Q3 2024 financial results, showing a 3.5% increase in revenue to $26.1 million, $7.5 million in adjusted EBITDA with a 29% margin, and $9.6 million in positive cash flow from operations.
November 29, 2024 | 9:15 pm
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Cansortium Inc. reported a 3.5% increase in Q3 2024 revenue to $26.1 million, $7.5 million in adjusted EBITDA, and $9.6 million in positive cash flow from operations.
The positive financial results, including increased revenue, strong EBITDA margin, and positive cash flow, are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100