Business
Tribe Property Technologies sees double digit increase in 1Q year-over-year revenue
(NewsDirect) Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proa...
About this update from Tribe Property Technologies Inc
[{"type":"text","content":"Tribe Property Technologies sees double digit increase in 1Q year-over-year revenue\n \n \n (NewsDirect)\n \n \n \n \n Tribe Property Technologies CEO Joseph\nNakhla joined Steve Darling from Proactive to share details of the\ncompany's first-quarter results, which show revenue at $4.659\nmillion, 10.9% higher from the corresponding period of 2022, led by\norganic growth and acquisitions.\n \n \n Nakhla told Proactive that the company plans to keep the\nmomentum going, increasing the number of real estate development\nprojects and onboarding of new communities. It also aims to improve\nmargins and focus on cost-efficiency strategies as it looks to move\ntowards profitability.\n \n \n The rebounding housing sector is\nexpected to contribute to growth throughout 2023 and into 2024.\nAdditionally, the company is actively pursuing mergers and\nacquisitions, with a particular interest in the underserved Greater\nToronto Area market.\n \n \n \n Contact Details\n \n \n \n Proactive\nInvestors Canada\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":1504,"tagName":"div"}]