Katipult Technology Corp (TSE:FUND) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Katipult Technology Corp. reported a 37% increase in subscription revenue in Q4 2023, with a notable 75% growth from enterprise customers, and an improvement in adjusted EBITDA losses. Despite these gains, the company experienced a net loss due to non-cash valuation changes and faces a reduced working capital following debt restructuring. Katipult remains a key player in providing cloud-based software for equity and debt market exchanges.
For further insights into TSE:FUND stock, check out TipRanks’ Stock Analysis page.