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IC Group Holdings Reports 47% Revenue Growth in Fiscal 2024

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IC Group Holdings Reports 47% Revenue Growth in Fiscal 2024

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IC Group Holdings Inc. ( (TSE:ICGH) ) has shared an update.

IC Group Holdings Inc. reported a 47% increase in revenue for fiscal year 2024, driven by strategic acquisitions and growth in recurring revenue, particularly from mobile transactions. The company completed a public listing on the TSX Venture Exchange and acquired Fannex and PickAw to expand its market reach. Despite a net loss due to one-time costs, the company is positioned for scalable growth with a diversified revenue base and enhanced market visibility.

More about IC Group Holdings Inc.

IC Group Holdings Inc. is a technology-enabled consumer engagement company that assists Fortune 500 brands in enhancing their connections with consumers both nationally and internationally. The company operates through its subsidiary, 11197894 Canada Ltd., and focuses on providing digital and live event engagement solutions.

YTD Price Performance: 169.23%

Average Trading Volume: 12,561

Current Market Cap: C$6.31M

See more data about ICGH stock on TipRanks’ Stock Analysis page.

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