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Flexiroam Ltd ( (AU:FRX) ) has issued an announcement.
FlexiRoam Ltd has achieved profitability in Q4 FY25, marking a significant turnaround with a positive EBITDA of $861k and NPAT of $159k. The company has appointed its founder, Mr. Jefrey Ong, as the permanent CEO to drive the next phase of growth, focusing on commercialisation and leveraging AI for enhanced operations. The strategic cost management program resulted in a 48% reduction in operating expenses, strengthening the company’s financial position and setting a foundation for sustainable profitability. FlexiRoam aims to deepen enterprise partnerships and expand its pipeline of new clients in the upcoming financial year.
More about Flexiroam Ltd
FlexiRoam Ltd operates in the telecommunications industry, offering innovative connectivity solutions. The company focuses on providing global data roaming services, leveraging technology to enhance user experience and operational efficiency.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.43M
See more data about FRX stock on TipRanks’ Stock Analysis page.
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