Mister Spex reports strong margin gains but double-digit sales drop in Q2
Consistent with recent quarters, Mister Spex’s topline fell sharply in Q2 while profitability rose sharply. Management has repeatedly signaled a willingness to sacrifice turnover for margin, but the tone now appears to be shifting. “The improvement in adjusted EBITDA shows that our sharper focus on revenue quality, gross margin and ...
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