SLANG Worldwide Inc. (CSE:SLNG) (OTCQB:SLGWF) announced its financial results Friday for the three and twelve months ended Dec. 31, 2023, revealing a double-digit decrease in both fourth quarter and full year 2023 loss.

"In 2023, we took a deliberate approach to advancing our strategy of profitable growth, creating a leaner, more nimble SLANG. As a result, we ended the year with increased gross profit, higher margins, and lower operating expenses which resulted in significantly lower total comprehensive loss and lower adjusted EBITDA loss," said John Moynan, the company's CEO. "With the fourth quarter historically our seasonally lowest revenue quarter, we...