Windward Ltd. (GB:WNWD) has released an update.
Windward Ltd., a leading Maritime AI company, reports a 37% increase in half-year revenue and a 35% rise in Annual Contract Value (ACV), indicating robust growth and demand for its innovative maritime solutions. Despite a 66% reduction in EBITDA losses, the company maintains strong cash reserves and anticipates reaching an adjusted EBITDA breakeven run rate within the fiscal year. Investments in new products, including the generative AI tool MAI Expert™, have expanded Windward’s market reach, positioning the firm for continued leadership in global maritime AI.
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