Founder Holdings Limited

The company's financials show resilient growth, with revenue advancing from $373.05M in Q2 2023 to $385.07M in Q2 2024. Gross profit remained healthy with margins at 45% in Q2 2024 compared to 47% in Q2 2023. Operating income hit -$22.89M last quarter, sustaining a consistent -6% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$19.85M. Net income dropped to -$4.40M, while earnings per share reached -$0.004. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.