Power Probe’s margins improve as first-half sales and EBITDA decline
Power Probe ($PWR-LSE) reported first-half revenue of $17.7 million, down from $21.2 million, and adjusted EBITDA of $3.8 million versus $5.5 million. Gross margin nevertheless increased to 50.4% from 40.8%, supported by a stronger branded-product mix and repricing. The company’s financial statements therefore show better unit economics alongside lower total sales and earnings. Management highlighted a product-launch schedule weighted toward the second half and progress on US manufacturing in Ch
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