Rosslyn Data Technologies (GB:RDT) has released an update.
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Rosslyn Data Technologies reports a better-than-expected EBITDA loss for FY 2024 and announces the operational launch of its new AI-powered solution with four customers. The company has secured a minimum £2m contract with a global tech giant and reports a 20% increase in contract value upon renewal with one of its largest clients. Despite a slight decrease in revenue, the company is focused on improving margins and becoming cash generative by FY 2026.
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