Birddog Technology Ltd. (AU:BDT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
BirdDog Technology Ltd. has reported a promising financial turnaround for Q4 FY24, with the successful launch and sales of their next-generation cameras leading to the highest revenue since FY22 and positive EBITDA and NPAT for June. The company has also reduced overheads by $3 million and resolved legal issues, maintaining a strong cash balance of $16.5 million. This performance, highlighted by a reinvigorated sales channel and a growing order book, positions BirdDog optimistically for FY25.
For further insights into AU:BDT stock, check out TipRanks’ Stock Analysis page.