Miniluxe Holding Corp. ( (TSE:MNLX) ) just unveiled an announcement.
MiniLuxe Holding Corp. reported a record year in 2024, achieving significant financial milestones with a 360% increase in studio-level profitability and a reduction in SG&A costs. The company also improved its cash position and reduced EBITDA losses, driven by strategic partnerships and operational efficiencies, positioning itself for continued growth and profitability in 2025.
More about Miniluxe Holding Corp.
MiniLuxe Holding Corp. operates in the beauty and personal care industry, focusing on providing nail care services through its network of studios. The company emphasizes strategic growth through joint ventures, franchise partnerships, and operational efficiency, aiming to leverage its brand and platform to scale its business with localized operators.
YTD Price Performance: 4.00%
Average Trading Volume: 13,510
Technical Sentiment Signal: Sell
Current Market Cap: C$83.65M
For a thorough assessment of MNLX stock, go to TipRanks’ Stock Analysis page.