TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.