DUG Technology Ltd (AU:DUG) has released an update.
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DUG Technology Ltd reported a 9% increase in Q1 FY25 revenue to US$14 million, despite a 28% drop in EBITDA due to strategic investments in the Middle East and new imaging technology. The company secured US$12.9 million in new projects and successfully raised A$30 million to boost growth opportunities. With a growing services pipeline and technological advancements, DUG is poised for significant expansion.
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