Motio Limited (AU:MXO) has released an update.
Motio Limited has reported a substantial revenue increase of 27.1% to $8.367M and positive operating cash flow, with a notable rise in Cash EBITDA to $465,783. Despite a challenging media landscape, the company has successfully integrated new networks to their portfolio and maintained growth, with a commitment to profitability and shareholder return by FY25. Cost management initiatives, including connectivity improvements, and the expansion of their software business Spawtz in international markets, underscore their strategic advancements.
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