CEO's message:
The numbers speak for themselves in the CEO's message this quarter.
Once again, we have delivered an extremely strong quarter, the second-best in our history. With revenue of
The increase from the first to the second quarter of 2023 was 86%, compared to a 35% increase during the same period last year.
Even the gross profit increased significantly, amounting to
We see that the cost-saving measures are now fully effective starting from the third quarter this year, which will make a significant difference in the cost structure going forward.
Finally, I want to mention that we are pleased with the long-term financing solution we have implemented, which ensures full funding for the company from now on.
"Do More, Make It Count."
CEO
© Modular Finance, source