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Aug 29, 2024 9:40 AM

Voxtur Announces Financial Results for Q2 Ended June 30, 2024

TORONTO and TAMPA, Fla., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV:VXTR, OTCQB:VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three and six months ended June 30, 2024. The Unaudited Condensed Interim Consolidated Financial Statements and the related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2024, are available at www.sedarplus.ca and at www.voxtur.com.

"Despite facing challenges in Q2, we remain committed to our long-term innovation strategy, operational improvement, and exploring strategic distribution points," said Ryan Marshall, Voxtur CEO. "Last quarter's results highlight areas where we are intensifying our focus on efficiency and cost management. We are actively implementing measures to enhance profitability and align our operations more closely with market demands. Our investment in technology and customer experience remains a priority as we lay the groundwork for future growth and shareholder value. While Q2 has been challenging, we are confident in our strategic direction and ability to navigate the current environment successfully."

Financial Results:

Continuing Operations

 

Unaudited

 

Unaudited

 

 

Three months ended June 30

 

Six months ended June 30

(In thousands of Canadian dollars)

 

2024

 

2023

 

2024

 

2023

 

 

 

 

 

 

 

Revenue 1

 

$

8,530

 

 

$

9,644

 

 

$

17,254