Pioneering, an energy smart technology company, announced strong Q2 2024 results, driven by increased investment in marketing and the reversal of prior period expenses. While the company reported a higher year-to-date loss due to these factors, it remains financially strong with ample cash and net working capital. CEO Kevin Callahan expressed optimism about the company's future, citing its focus on leveraging competitive advantages and optimizing its strategic plan to drive growth and profitability.
2024 was $2,742,504 versus$2,872,013 in fiscal 2023, a decrease of 5%, and revenue for the three months ended September 30in fiscal 2024 were $2,258,983, an increase of 14% or $276,239 versus the same period last year. This increase was driven byone-time general & administrative expenses that were reversed in Q2 of 2023, and
and uncertainties. These statements relate to future events or future performance and reflect management's the COVID-19 pandemic. These forward- looking statements are made as of the date hereof and, except as proxy for cash flow, and to facilitate valuation analysis. Adjusted EBITDA is defined as earnings before interest
TECHNOLOGY COMPANYRESULTS FINANCIALPERFORMANCE MARKETING GROWTH STRATEGY
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