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An announcement from Motio Limited ( (AU:MXO) ) is now available.
Motio Limited has successfully raised $1.73 million through a placement to institutional and sophisticated investors, reflecting confidence in its growth strategy. The funds will be used to expand its digital display network, repay debt to oOh! media Limited, and enhance marketing automation and AI capabilities, positioning the company for sustainable growth and a positive NPAT result in the near future.
More about Motio Limited
Motio Limited redefines brand-audience connections through its digital place-based network, offering a blend of Out-of-Home, Digital, and Video elements. The company operates over 1500 digital displays across more than 1200 locations, including cafés, medical centers, and indoor sports venues. Motio utilizes first-party data and location intelligence to deliver maximum returns for brands.
Average Trading Volume: 211,802
Technical Sentiment Signal: Buy
Current Market Cap: A$16.07M
Find detailed analytics on MXO stock on TipRanks’ Stock Analysis page.