RooLife Group Ltd. (AU:RLG) has released an update.
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RooLife Group Ltd. has successfully reduced its net cash used in operating activities to just $66k over the past two quarters, thanks to a focus on higher profit margin product sales and cost savings. The company reported sales revenue of $761k for the quarter ending September 2024 and anticipates significant growth with expected sales revenue of around $1 million in October. This strategic shift towards profitability is bolstered by the launch of the new RLG Marketplace Platforms.
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