dorsaVi Limited (AU:DVL) has released an update.
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dorsaVi Limited, a leader in human movement analytics, has reported stable year-on-year growth with FY24 sales revenues hitting approximately $1.3m, alongside a consistent annual recurring revenue of about $1.1m. The company significantly reduced net operating cash outflows by 31% in FY24 and enhanced its product offerings with advanced AI capabilities, indicating a promising outlook for further growth. Strategic partnerships and key customer signings, including with Norton Healthcare and a major Australian insurer, have bolstered dorsaVi’s market presence and pipeline for future sales.
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