(via NewsDirect)
Nakhla began by highlighting the company's revenue growth, with total revenue reaching
Additionally, Nakhla noted a significant improvement in gross profit, which amounted to
Adjusted EBITDA for fiscal 2023 showed improvement as well, with an outflow of
Looking ahead to 2024, Nakhla expressed optimism about the company's prospects for improved revenue growth, profitability, and expanding margins. Tribe aims to achieve this through various strategies, including increasing monthly recurring revenue by securing new property management agreements, onboarding more communities onto the Tribe platform, winning new software licensing agreements, and boosting digital services revenue. The company also has a robust pipeline of profitable acquisition opportunities.
Furthermore, Tribe remains committed to investing in its software platform and adding functionality to its suite of products to maintain its industry leadership position and continue providing innovative solutions to its clients.
With its strong financial performance and strategic initiatives in place,
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