Deveron UAS (TSE:FARM) has released an update.
Deveron Corp., a North American leader in agriculture services and data, reported a 57% improvement in quarterly Non-IFRS EBITDA losses and a 674% year-over-year growth in the nine-month period. The company’s gross revenue increased modestly by 2-3%, while operating expenses decreased by 15% thanks to effective cost optimization initiatives. These strategic moves are beginning to pay off, enhancing profitability amid typically weaker seasonal conditions.
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