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Revenue increased by over 112% compared to the previous quarter and increased by approximately 19% compared to the previous year.
Gross margin increased to 44%, an improvement from 40% in the previous quarter and 43% in the same period a year ago.
Adjusted EBITDA improved by 109% quarter over quarter and by 127% when compared to the previous year.
Integrated Rewards (Paymi) continued to expand its merchant network, becoming Canada's largest provider of Card-Linked Offers with almost 100 cash back offers currently on the platform.
Revenue of $3.1 million for the quarter represents 112% sequential growth and 19% growth year over year, showing strong momentum across the business. Gross margin increased to 44%, compared to 40% last quarter, as our higher margin products continued to gain momentum. EQ reported adjusted EBITDA of $0.1 million, an improvement of over $0.7 million compared to Q1 2024, and by $0.2 million from the same period a year ago
