Medical Developments International Limited (AU:MVP) has released an update.
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Medical Developments International Limited reports a year of strong financial improvements for FY24, despite not meeting all expectations. The company successfully raised $10 million to support growth objectives and is on the path to cashflow positivity, with anticipation for further growth in FY25 thanks to implemented changes. The Board expresses gratitude to employees and shareholders for their contributions to the company’s progress towards financial sustainability.
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