Brief: Trade Window Says FY24 Revenue Guidance Confirmed At NZ$7 Mln To NZ$8 Mln

Trade Window Holdings

29/05/2023 21:50

May 30 (Reuters) - Trade Window Holdings Ltd  TWL.NZ :
    * FY24 REVENUE GUIDANCE CONFIRMED AT NZ$7M-NZ$8M
    * FY NET LOSS AFTER TAX NZ$9.8 MILLION
    * FY TRADING REVENUE NZ$4.9 MILLION, UP 27%
    * FY ANNUAL RECURRING REVENUE NZ$5.2 MILLION, UP 39%
    * ANTICIPATES ACHIEVING MONTHLY EBITDA BREAKEVEN BY THE END
OF
FY25 AND MONTHLY CASHFLOW BREAKEVEN IN FY26
    * IMPLEMENTED COSTS REDUCTION IN FY24 INCLUDED RIGHT-SIZING
EMPLOYEE NUMBERS OF ABOUT 27% REDUCTION


Further company coverage:  TWL.NZ 

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