Orcoda Limited ( (AU:ODA) ) just unveiled an update.
Orcoda Limited reported a challenging first half of FY25, with a 34% decline in total income to $9.5 million due to deferred projects in its Infrastructure Services division. Despite this, the Transport Technology division showed strong growth, with a 56% increase in SaaS revenue, and the company maintained positive net operating cash flows, ending the period with $3.1 million in cash. The company remains optimistic about future growth in its Transport Technology division and expects the Infrastructure Services division to recover as Betta Group diversifies its customer base.
More about Orcoda Limited
Orcoda Limited operates in the technology and infrastructure services industry, focusing on transport technology solutions and infrastructure services. The company provides software as a service (SaaS) solutions, particularly in transport technology, and has a market focus on community transport providers and vehicle fleet management.
YTD Price Performance: -40.83%
Average Trading Volume: 135,420
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.12M
For a thorough assessment of ODA stock, go to TipRanks’ Stock Analysis page.