Orcoda Limited (AU:ODA) has released an update.
Orcoda Limited reported significant growth in its FY24 results, with total income rising by 23% to $25.4 million and a substantial increase in net profit after tax by 129% to $0.9 million. The company saw strong performance in its Transport Technology division, driven by the Future Fleet and new software contracts, and steady gains in its Infrastructure Services division due to successful large-scale contracts and enhanced productivity. Orcoda’s focus on innovation and customer-centric solutions is credited for the upturn in its financial results and shareholder value.
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