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DUG Technology Ltd Reports FY25 Financial Results and Strategic Milestones

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DUG Technology Ltd Reports FY25 Financial Results and Strategic Milestones

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DUG Technology Ltd ( (AU:DUG) ) has provided an announcement.

DUG Technology Ltd announced its FY25 financial results, highlighting a 42% increase in its services order book, driven by strong service project awards. Despite a 4% decline in overall revenue and a net loss after tax of US$4.4 million, the company reported a significant cash increase and successful capital raising. The launch of the Elastic Multi-Parameter Full Waveform Inversion Imaging and the first commercial deployment of DUG Nomad mark significant milestones, positioning the company for future growth.

The most recent analyst rating on (AU:DUG) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on DUG Technology Ltd stock, see the AU:DUG Stock Forecast page.

More about DUG Technology Ltd

DUG Technology Ltd operates in the technology industry, offering high-performance computing as a service (HPCaaS), software solutions, and mobile data-centre solutions. The company focuses on innovative data processing technologies, with a market presence in regions including the Middle East and Brazil.

Average Trading Volume: 233,426

Technical Sentiment Signal: Hold

Current Market Cap: A$181.8M

For a thorough assessment of DUG stock, go to TipRanks’ Stock Analysis page.

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