Adslot Ltd (AU:ADS) has released an update.
Adslot Ltd reports a strong Q3 FY24 with customer receipts increasing by 54% and a Total Transaction Value (TTV) of $37.13M, marking a 22% rise from the previous year. Despite seasonal declines, the company has seen a substantial 345% annual increase in TTV and is expanding its footprint with the launch of a new subsidiary, br1dge, to address the decline of third-party cookies in the advertising industry. Adslot’s robust cash position at the quarter’s end further signals a positive outlook for growth.
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