Odd Burger Corporation (TSE:ODD) has released an update.
Odd Burger Corporation reports a successful fiscal year with record revenue of $3,243,091, up 10% from the previous year, alongside a 50.4% reduction in cash flow used in operating activities. The company’s gross margin also improved by 34.3%, reaching 26% of revenue. Amid tough economic conditions, Odd Burger’s growth is attributed to enhanced manufacturing efficiency, expansion of franchise operations, and the launch of a well-received consumer packaged goods line.
For further insights into TSE:ODD stock, check out TipRanks’ Stock Analysis page.
