dorsaVi Limited (AU:DVL) has released an update.
In its latest quarterly report, dorsaVi Limited reported a sales revenue of $331k, marking a 5% increase from the previous quarter and showcasing three consecutive quarters of growth. The company also achieved a significant reduction in cash expenses, lowered by 9% from the previous quarter, and a 52% improvement in net operating cash outflows. Additionally, dorsaVi launched an AI Natural Movement Algorithm and welcomed a new Non-Executive Director to its board, indicating a strategic move to enhance its market position and product offerings.
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