Windar Photonics (GB:WPHO) has released an update.
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Windar Photonics, the LiDAR wind sensor technology group, reports a phenomenal 157% revenue growth for the year ended 2023, marking their first year of positive EBITDA. Capitalizing on their momentum, the company has already secured over 125% of the previous year’s revenue in sales and orders for 2024, alongside a strong order pipeline. With recent successful equity placement and product developments, Windar looks ahead with confidence in continued growth and market expansion.
For further insights into GB:WPHO stock, check out TipRanks’ Stock Analysis page.
