AoFrio has reported a 19.7% increase in revenue for the year ending December 31, 2024.
The company's revenue reached $79.7 million, while its ebitda improved by $1.5m to $2.5m.
The loss for the year decreased by $1.6m, reflecting the improved ebitda result.
AoFrio's net operating cash flow was $5.8m, compared to $3.9m in the previous year.
The company said it will continue to focus on protecting and growing its core businesses, as well as diversifying its market segments in 2025.
It has projected revenue in the range of $85m to $95m for the financial year, with ebitda guidance set between $3.5m and $4m.
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