Motio Limited (AU:MXO) has released an update.
Motio Limited has reported a substantial revenue increase of 27.1% to $8.367M and positive operating cash flow, with a notable rise in Cash EBITDA to $465,783. Despite a challenging media landscape, the company has successfully integrated new networks to their portfolio and maintained growth, with a commitment to profitability and shareholder return by FY25. Cost management initiatives, including connectivity improvements, and the expansion of their software business Spawtz in international markets, underscore their strategic advancements.
For further insights into AU:MXO stock, check out TipRanks’ Stock Analysis page.