PUDO Inc ( (TSE:PDO) ) has shared an update.
PUDO Inc. reported its financial results for the third quarter of FY 2025, showing a 12.3% increase in revenue compared to the previous year, despite a 12% drop in gross profit. The company’s focus on expanding its PUDO Label Return services and network development, particularly in the U.S., has contributed to a 15% increase in package volume and a significant part of its revenue coming from e-commerce returns. These developments position PUDO as an important player in the e-commerce logistics industry, potentially enhancing its market standing and benefits for stakeholders.
More about PUDO Inc
PUDO Inc. is North America’s only independent parcel pick-up and drop-off counter network, with a network of more than 1,200 storefront partners called PUDOpoint Counters. The company collaborates with retailers and logistics providers to offer a last-mile pick-up and returns network aimed at reducing cost, enhancing convenience, and ensuring package security for e-commerce shoppers.
YTD Price Performance: -41.67%
Average Trading Volume: 5,220
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$4.77M
See more insights into PDO stock on TipRanks’ Stock Analysis page.