Yojee Ltd. (AU:YOJ) has released an update.
Yojee Ltd., an Asian Pacific software solutions provider for contracted road transportation, reported a Q4 revenue of AU$201k and a net operating cash outflow of AU$1,169k, with a strong cash position of AU$4,342k and no debt. The company is focusing on scaling its Transport Management System with new enterprise customer deployments and has recently strengthened its executive team. Despite the challenging economic climate, Yojee remains optimistic about its growth potential and has secured capital raising post-quarter to support its strategic initiatives.
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