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Tiny's Q4 Loss Widens Even as Revenue Jumps by Nearly a Third
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Tiny's Q4 Loss Widens Even as Revenue Jumps by Nearly a Third
Apr 12, 2024 8:57 AM

11:15 AM EDT, 04/12/2024 (MT Newswires) -- Tiny Ltd. ( TNYZF ) late Thursday reported a fourth-quarter loss of C$9.4 million, wider than a loss of C$2.7 million a year earlier.

Revenue for the quarter ended Dec. 31 was C$51.2 million, up 32% from C$38.8 million a year earlier.

EBITDA for Q4 was $1.5 million, as compared with an EBITDA loss of $2.1 million a year earlier.

Tiny is a technology investment holding company focused mainly on acquiring majority stakes in businesses that it expects to hold over the long term.

The company's shares were last seen down C$0.05 to C$2.34 on the TSX Venture Exchange.

Price: 2.34, Change: -0.05, Percent Change: -2.09

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