SLANG Worldwide Inc. (CSE:SLNG) (OTCQB:SLGWF) announced itsfinancial results Friday for the three and twelve months ended Dec. 31, 2023,revealing adouble-digit decrease in both fourth quarter and full year 2023 loss.
"In 2023, we took a deliberate approach to advancing our strategy of profitable growth, creating a leaner, more nimble SLANG. As a result, we ended the year with increased gross profit, higher margins, and lower operating expenses which resulted in significantly lower total comprehensive loss and lower adjusted EBITDA loss," saidJohn Moynan, the company's CEO. "With the fourth quarter historically our seasonally lowest revenue quarter, we...
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