XPON Technologies Group Ltd. (AU:XPN) has released an update.
XPON Technologies Group Ltd. reported a strong fiscal year, with a total revenue of $9.3 million and an 18% year-over-year growth in Q4. They maintained a gross profit margin of 75% and a healthy cash reserve while strategically raising additional capital. Looking forward, the company is set on achieving cash flow break-even in FY25 through continued growth and cost management.
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