Pixie Dust Technologies, Inc. Sponsored ADR (PXDT) has released an update.
Pixie Dust Technologies, Inc. reports a substantial revenue increase of 40.9% for the fiscal year 2024, led by a significant 186.0% rise in product sales, despite a net loss and a decrease in services sales. The company’s shift in focus from research and development to product commercialization led to a 25.3% reduction in R&D expenses, while selling, general, and administrative expenses grew due to expanded marketing efforts and staff increases.
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