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Codeifai Limited Reports Reduced Cash Use and Strategic Focus Shift
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Codeifai Limited Reports Reduced Cash Use and Strategic Focus Shift

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Invest with Confidence:

YPB Group Ltd. ( (AU:CDE) ) has shared an announcement.

Codeifai Limited reported a significant reduction in cash burn for Q4 2024 compared to the previous year, attributed to increased cash receipts and effective cost controls. The company has launched a self-service SaaS offering, ConnectQR, which has achieved several milestones, enhancing its revenue potential. Additionally, Codeifai is preparing for a strategic review of its Material Science division, indicating potential sales of existing patents and IP, while focusing on its ‘Digital First Engagement First’ strategy to drive profitability.

More about YPB Group Ltd.

Codeifai Limited (ASX: CDE) is a leading provider of digital and AI-powered brand solutions listed on the Australian Stock Exchange. The company focuses on empowering brands through smart digital engagement, offering high-margin solutions designed for exceptional scalability and profitability. Their offerings enable brands to connect with consumers deeper, faster, and smarter.

Current Market Cap: A$3.15M

For an in-depth examination of CDE stock, go to TipRanks’ Stock Analysis page.

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