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Orcoda Limited Expands SaaS Contracts with Community Transport Providers

Story Highlights
  • Orcoda clarified its SaaS contracts with community transport providers, impacting revenue.
  • Orcoda secured six new contracts, enhancing its industry position and revenue prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Orcoda Limited Expands SaaS Contracts with Community Transport Providers

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The latest update is out from Orcoda Limited ( (AU:ODA) ).

Orcoda Limited announced a clarification regarding its SaaS contracts with community transport providers, highlighting the inclusion of a previously omitted participant in the ACTA trial. The trial involved new and existing clients with contracts contributing significantly to Orcoda’s revenue. Following the trial, Orcoda secured six new SaaS contracts with community transport providers, expected to generate approximately $1 million in revenue over three years, reinforcing its position in the transport technology solutions industry.

More about Orcoda Limited

Orcoda Limited is a leading provider of integrated smart technology solutions focused on transport logistics, workforce logistics, and transport infrastructure. The company aims to optimize client operations by enhancing efficiencies, connectivity, and compliance, serving major companies in Australia’s transport logistics, healthcare transport, infrastructure, and resources sectors.

Average Trading Volume: 140,060

Technical Sentiment Signal: Sell

Current Market Cap: A$15.19M

Learn more about ODA stock on TipRanks’ Stock Analysis page.

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