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Resale company Winmark is a franchisor that owns concepts including Plato's Closet, Play It Again Sports, and Once Upon a Child. Not in a legal document but in a pact because what happens, Jim, is our most successful franchisees, they understand that their business is a legacy asset in the community.
Being global and local allows us to understand and respond to regional dynamics by delivering tailored solutions that meet specific market needs while leveraging global expertise and resources. year to year organically as services revenue was down 8% in line with prior quarter, and resale declined 19%. Profit margin expanded almost 2.5
Our focus in the security business is to continue to leverage our expertise to enhance our GBS and GIS offerings while also focusing on accelerating growth of our stand-alone services. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%.
We assembled a dedicated team that quickly implemented a recovery plan, leveraging our extensive experience with similar incidents. While resale revenues performed as expected, down 28% year over year, services revenue declined 8% helped by higher-than-anticipated in-quarter volumes. Moving to GIS. The book-to-bill ratio was 0.67
Specifically in consulting and engineering, first, we expanded our enterprise application capabilities that help clients leverage AI, driving increased bookings. We have strong and lasting relationships with clients that view us as strategic partners, leveraging our global delivery capabilities to help them with their transformation journeys.
So part of this journey is our unwavering focus on leveraging today's most cutting-edge AI solutions to really revolutionize the business in four key areas that we think hold the most opportunity for growth and opportunity. resale -- 3.8 That's always our goal. Drilling down into our Q3 expenses.
Beyond just a market-driven increase in earnings, we have also proven that we can outperform the industry by leveraging our structural advantages and intend to continue doing so going forward. And agents can leverage this information to secure stronger offers, accelerate negotiations and move efficiently to a successful closing.
Our end-to-end solution ensures a secure chain of custody regardless of media format for this customer, leveraging our image on demand service and InSight platform to integrate seamlessly with their customer success management system. With strong EBITDA performance we ended the quarter with net lease adjusted leverage of 5.1
Our finance, accounting, legal, and real estate investment teams have had a busy year-end and beginning of 2024, closing over $1.2 And those immigrants tend to -- and this is legal immigration, I'm not a pining on border or anything like that, but it's -- so that's helped us, too. billion in refinancing of sales transactions.
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