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WonderFi Expects Robust Growth in Q1 2024
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WonderFi Expects Robust Growth in Q1 2024

WonderFi Technologies Inc (TSE:WNDR) has released an update.

WonderFi Technologies Inc. anticipates a strong first quarter in 2024 with projected positive EBITDA between $5.5 to $6.5 million, driven by a 42% revenue increase from the previous quarter and a sizeable cash and digital assets balance exceeding $50 million. The firm credits its financial success to the synergies realized from a major three-way merger and a favorable digital assets market. Moreover, significant trading and crypto payment volumes highlight the company’s growing influence in the digital asset space.

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

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