AD1 Holdings Ltd (AU:AD1) has released an update.
AD1 Holdings Ltd has reported a successful quarter with a $222k surplus in net operating cash flow and significant cost savings, including $3.5m annualized from FY25. The company’s AoM division surpassed $1m in revenue in North America, with strong customer retention and growth in cash receipts. Meanwhile, ApplyDirect continues to grow, with migration to the Gen3 platform set to further reduce costs and increase efficiency.
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