By Helix Technologies on Tuesday, 18 August 2020
Category: Technology Platforms

Helix Technologies reveals revenue surge and doubling of Cannalytics platform use in its 2Q

Inc's () Garvis Toler tells Proactive the firm reported a revenue surge in its first half of US$9.3 million, an increase of 28% over the same period last year, while its adjusted earnings (EBITDA) expanded to US$2 million from US$259,000.

For its second quarter, Toler says cash flows from operations rose 162% year-on-year to US$446,000, adding that the number of clients using its Cannalytics platform more than doubled in the quarter to over 200.

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