ZIMI Ltd (AU:ZMM) has released an update.
ZIMI Ltd has reported a significant surge in market adoption with an 87% increase in device pairings and a staggering 1,369% rise in FY24 sales revenue compared to the previous year. The Australian IoT company has expanded its smart product range, with the E-Door Connect gaining rapid adoption and the completion of the Zimi Matter Connect, set to enhance compatibility with major smart home ecosystems. These developments mark a notable turnaround from the previous year’s challenges, positioning ZIMI for further growth in the smart living market.
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