TruGolf expects 8-12% topline growth in H2

seekingalpha

23 Oct 2024

TruGolf (NASDAQ:TRUG) expects to report strong revenues for H2 2024 driven in part by new revenues from its franchising business, TruGolf Links, as well as by market adoption of new products launched earlier this year.
Total sales are expected to grow by 8%-12% by the end of 2024 as compared to 2023 levels.
EBITDA for H2 should be greater than $500K showing a return to profitability.
"The combination of franchising and growing product sales should lead to strong revenues in the second half of 2024.” said Chris Jones CEO and Director.

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