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Elevai Labs Inc. Reports Record Full Year 2023 and Fourth Quarter Financial Results [Financial Post (Toronto, Ontario, Canada)]

Elevai Labs, Inc. (ELAB) 
Company Research Source: Financial Post
Company reports record annual revenues of $1.71 Million for 2023, up 123.5% over the previous year Company reports record Q4 2023 revenues of $698,591, up 403% from Q4 2022 Article content NEWPORT BEACH, Calif., March 29, 2024 (GLOBE NEWSWIRE) — Elevai Labs Inc. (NASDAQ: ELAB), a medical aesthetic company specializing in physician-dispensed skincare, today reported financial results for the fourth quarter and full year ended December, 31, 2023. “This year has been pivotal for us, with our revenue more than doubling, it's a clear indicator of our market strength and customer trust,” stated Elevai Labs CEO, Jordan R. Plews, PhD. “We are proud to have increased our operating, production and supply chain efficiency as evidenced in the improvement of our gross margin and are excited to further advancements at the interface between aesthetics and biotechnology. This marks just the beginning of our ambitious vision for the future.” Article content Financial Results for the Three Show less Read more
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