HAMILTON, Ontario, July 19, 2024 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSXV:AKR, OTC:AKRFF) (the "Company"), a gift card, loyalty marketing, payments and point-of-sale technology consolidator and services provider, has filed its financial results for the period ended June 30, 2024. The Company is pleased to report quarterly revenues of $1,633,238 which includes $1,461,199 of recurring subscription revenue. The results represent a 1% increase in total revenue and a 4% increase in recurring revenue over the same period in 2023. The Company also achieved $515,635 of adjusted EBITDA* during the period totaling 32% of total revenues representing a 113% increase over the same period in 2023. The Company is very pleased with the continued EBITDA growth and the many operational and technical advancements made during the period. The complete financial results for the Company, along with management's discussion and analysis for the quarter ended June 30, 2024, are available under the profile for the Company at www.sedarplus.ca. Highlights include: Q2 2024 vs. Q2 2023:   Q2 2024 TOTALS Q2 2023 TOTALS +/- % Change Total Revenue $ 1,633,238   $ 1,610,841   + 1%  Subscription Rev $ 1,461,199   $ 1,408,666   + 4%  Gross Margins $ 1,409,979 (86%)   $ 1,463,561 (91%)   (- 5%)  Adjusted EBITDA*