Strategic Pivot to India
The company successfully shifted operations to India, reducing labor costs significantly while maintaining production capabilities.
AI-Driven Growth
Heavy investment in AI technology enhanced product offerings, operational efficiencies, and contributed to the 3D modeling business becoming cash flow positive in Q2 2024.
ARway's Global Demand
ARway saw a significant increase in demand for its indoor navigation services globally, with weekly deal signings in Q1 and Q2 2024.
Revenue Growth
The company experienced over 50% growth in top-line revenue in 2023 compared to 2022, driven by partnerships with major entities like Amazon.
Successful Shares for Services Program
The Shares for Services program has been successful, reducing the need for external capital raising and maintaining operational stability.