Adveritas Limited (AU:AV1) has released an update.
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Adveritas Limited has reported a record-breaking March 2024 quarter with cash receipts soaring to $1.73 million, a staggering 189% increase compared to the previous year. The company’s financial momentum is bolstered by high growth in the gaming sector and strong sports betting performance, along with promising new global agency partnerships on the horizon. Notably, Adveritas has also achieved significant cost savings following a company-wide restructure, paving the way towards positive operating cash flow.
For further insights into AU:AV1 stock, check out TipRanks’ Stock Analysis page.
