Trade Window Holdings Ltd.NZX: TWL

TWL: Revenue up 20% to $9.6m, ARR tops $10m, EBITDA loss narrows, cash at $4.2m, no bank debt

· Issued by Trade Window Holdings Ltd.

Trading revenue grew 20% to $9.6 million, with ARR surpassing $10 million and gross margin improving to 60%. EBITDA loss narrowed, customer retention rose to 89%, and the company ended the year with $4.2 million in cash and no bank debt. Material uncertainty remains regarding going concern due to ongoing losses and reliance on FreightAl execution.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Company analysis

Earlier from Trade Window

All Trade Window news releases