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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.