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Katipult Technology Reports Mixed Q2 2024 Results

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Katipult Technology Reports Mixed Q2 2024 Results

Katipult Technology (TSE:FUND) has released an update.

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Katipult Technology Corp. has released its Q2 2024 financial results, showing a slight decrease in subscription revenue and an increase in adjusted EBITDA losses. However, they secured a net income this quarter, contrasting with last year’s loss, attributed to changes in non-cash fair value adjustments. The company remains focused on expanding its core product and customer base despite ongoing operating losses and reliance on financing.

For further insights into TSE:FUND stock, check out TipRanks’ Stock Analysis page.

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