XPON Technologies Group Ltd. (AU:XPN) has released an update.
XPON Technologies Group Ltd. reported a 5% year-on-year increase in martech revenue, reaching $2.4 million, with a strong gross margin of 75%, reflecting the company’s AI-driven marketing technology strength. The firm successfully raised A$1.125 million in capital in February 2024 and is targeting cash flow breakeven for FY25. Recent board appointments aim to bolster the company’s focus on organic growth, profitability, and exploring strategic opportunities within the marketing industry.
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