An update from YPB Group Ltd. ( (AU:CDE) ) is now available.
Codeifai Limited reported its best financial performance to date, with a 20% increase in revenue and a 42% reduction in losses for 2024. The company attributes these results to its strategic pivot towards QR code technologies and cost control measures. The introduction of ConnectQR™, which includes features like Canva integration and AI-enhanced QR codes, has been a significant milestone. CDE is also exploring new revenue streams through digital marketing in Africa and South America and has launched a URL shortening feature to tap into the affiliate marketing industry. The company is undergoing a strategic review of its Material Science division, while maintaining its focus on scaling digital solutions.
More about YPB Group Ltd.
Codeifai Limited, trading as CDE, is a technology group focused on brand solutions, specifically through QR code technologies. The company has shifted its strategy to a ‘Digital & Engagement First’ approach, emphasizing the development of proprietary products like ConnectQR™. CDE is expanding its market presence beyond Australia and New Zealand into regions like Africa, Europe, and South America, leveraging digital marketing initiatives.
Current Market Cap: A$3.17M
For an in-depth examination of CDE stock, go to TipRanks’ Stock Analysis page.