Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from ZIMI Ltd ( (AU:ZMM) ).
Zimi Limited announced changes to its board, with Mr. Joshua Newell resigning as a Non-Executive Director and Mr. Todd Milliner being appointed to the position. Mr. Milliner, who has extensive experience in manufacturing and supply chain management, is expected to enhance Zimi’s operations by optimizing the supply chain and potentially improving margins. This change aligns with Zimi’s strategic focus on sustainable growth and positions the company to better capitalize on the growing demand for smart home technology.
More about ZIMI Ltd
Zimi Limited (ASX: ZMM) is an Australian technology company that focuses on creating smarter living and working environments by connecting everyday electrical products to the Internet and each other. The company’s product lines, such as Powermesh and Senoa, include smart switches, light dimmers, power points, fan controllers, and garage door controllers. Zimi operates in the smart home space, collaborating with tech giants to support the Matter standard for smart home connectivity. The company targets a multi-billion-dollar opportunity within the Australian market and reaches customers through wholesale, commercial, retail, and trade channels.
Average Trading Volume: 1,553,937
Technical Sentiment Signal: Sell
Current Market Cap: A$5.15M
See more data about ZMM stock on TipRanks’ Stock Analysis page.