Birddog Technology Ltd. (AU:BDT) has released an update.
BirdDog Technology Limited faced a challenging fiscal year in 2024, with a reported net loss of $16.9 million on revenues of $18.3 million, amid tough market conditions. Despite these struggles, the company achieved crucial milestones, including a supply chain overhaul and the launch of next-generation cameras, leading to cost reductions and an improved product line. These strategic moves, paired with a share buyback program, have positioned BirdDog for a rebound to profitability and long-term shareholder value.
For further insights into AU:BDT stock, check out TipRanks’ Stock Analysis page.