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Yojee Ltd. ( (AU:YOJ) ) just unveiled an announcement.
Yojee Limited has made significant strides in its operations during Q3 FY25, including the launch of the SmartYojee joint venture for customs technology in Australia and New Zealand, and the development of the MOSAIC Platform. The company signed major contracts with DSV in Australia and Röhlig Logistics in Singapore, indicating growing market adoption of its TCMS platform. Despite a decline in transactional volumes due to the exit of low-margin contracts, Yojee anticipates growth with new enterprise contracts. The company also completed a capital raise of $3.5 million and maintains a strong cash position. The MOSAIC Platform is poised to disrupt the freight forwarding and customs technology sector, offering a modern solution to an underserved market.
More about Yojee Ltd.
Yojee Limited is a leading logistics technology company focused on simplifying freight operations through digital innovation.
YTD Price Performance: 30.77%
Average Trading Volume: 181,016
Technical Sentiment Signal: Buy
Current Market Cap: A$54.19M
For an in-depth examination of YOJ stock, go to TipRanks’ Stock Analysis page.