Beyond Frames: Q2 2023 – Solid beat - Redeye

Redeye comments on Beyond Frames Q2 2023 report, where net sales and profitability came in above estimates. However, the large increase in sales is also due to a different accounting structure, which captures all revenues before platform fees and rev-share agreements (we account for net sales after those fees). Despite that, we are encouraged to see Beyond Frames posting positive profitability.

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