08:41 AM EDT, 07/19/2024 (MT Newswires) -- Ackroo ( AKRFF ) , a company offering loyalty programs, reported on Friday an increase in second quarter revenue and adjusted Ebitda.

The company's revenue rose 1% to $1.63 million from $1.61 million while adjusted EBITDA more than doubled to $515,635 from $241,838.

"As we continue to position ourselves for scale and/or a potential sale, our earnings generation are key to those plans," CEO Steve Levely said.

Ackroo's ( AKRFF ) share price closed yesterday at $0.125 on the TSXV.