Eddy Smart Home Solutions Ltd. (TSE:EDY) has released an update.
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Eddy Smart Home Solutions Ltd. shows promising financial improvements in Q2/2024, with a strengthened balance sheet from debt conversion and repayment, and a significant reduction in annual interest expense. The company also reports a 60% increase in in-building devices, signaling market acceptance and potential for revenue growth, alongside a substantial decrease in general and administrative expenses reflecting enhanced operational efficiency.
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