$Better Choice Co (BTTR.US)$ NEWS Better Choice Company, Inc...
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Better Choice Company, Inc. Announces Fourth Quarter and Full Year 2023 Results
Gross margin improved by 300 basis points to 31% year-over-year.
Adjusted EBITDA grew by 30% year-over-year.
EPS increased by 45% year-over-year.
Operating loss improved by 47% year-over-year to $(12.7) million in the fourth quarter of 2023.
Net loss improved by 40% year-over-year to $(14.7) million in the fourth quarter of 2023.
Full-year 2023 financial highlights include a 45% improvement in operating loss, a 42% improvement in net loss, and a 32% improvement in adjusted EBITDA.
Better Choice Company Inc. reported a net loss per share of $(32.29) for the full year 2023.
The company's strategic pivot in digital and marketing investment allocation aims to drive brand growth and discoverability in 2024.
Gross margin improved by 300 basis points to 31% year-over-year.
Adjusted EBITDA grew by 30% year-over-year.
EPS increased by 45% year-over-year.
Operating loss improved by 47% year-over-year to $(12.7) million in the fourth quarter of 2023.
Net loss improved by 40% year-over-year to $(14.7) million in the fourth quarter of 2023.
Full-year 2023 financial highlights include a 45% improvement in operating loss, a 42% improvement in net loss, and a 32% improvement in adjusted EBITDA.
Better Choice Company Inc. reported a net loss per share of $(32.29) for the full year 2023.
The company's strategic pivot in digital and marketing investment allocation aims to drive brand growth and discoverability in 2024.
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