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The latest update is out from Rosslyn Data Technologies ( (GB:RDT) ).
Rosslyn Data Technologies announced their interim results for the six months ending October 2024, highlighting a revenue increase to £1.5m, improved gross margins, and a significant reduction in administrative expenses and cash usage. The company secured major contracts with a global technology firm and a leading consulting company, showcasing the strength of its AI-enabled platform. These strategic gains, along with a successful fundraising effort, have positioned Rosslyn for future growth and operational efficiency.
More about Rosslyn Data Technologies
Rosslyn Data Technologies provides a cloud-based enterprise spend intelligence platform that helps organizations with complex supply chains mitigate risk and make strategic decisions. Their platform leverages automated workflows, AI, and machine learning to optimize procurement data, enabling savings and rapid ROI.
YTD Price Performance: 1.05%
Average Trading Volume: 180,147
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.55M
For an in-depth examination of RDT stock, go to TipRanks’ Stock Analysis page.
