on ALT5 Sigma Corp
ALT5 Sigma Corp Reports Strong Financial Performance in Q4 2024
ALT5 Sigma Corp has announced a record-breaking Q4, achieving $5.4 million in revenue. This milestone is bolstered by a customer base exceeding 1,000 accounts, a first for the fintech company specializing in blockchain technologies.
The company's fintech segment posted a strong annual gross margin of 50.2% and an adjusted EBITDA of 18.2%. Working capital improved significantly by $4.5 million over Q3. These financial achievements are complemented by the appointment of Ron Pitters as Chief Operating Officer, bringing extensive experience to the leadership team.
Noteworthy events for 2024 included the acquisition and rebranding from JanOne Inc. to ALT5 Sigma, strategic intellectual property acquisitions, and a collaboration with Odoo, enhancing payment solutions for millions of users globally.
R. E.
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