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Zoom2u Technologies Ltd. ( (AU:Z2U) ) has provided an announcement.
Zoom2u Technologies reported positive EBITDA and cash flow from operations for H1 FY25, with an overall revenue growth of 10% compared to the previous corresponding period. Despite the decline in Zoom2u’s Q2 FY25 revenue due to weak consumer confidence, Locate2u showed a promising 8% increase, and Shred2u saw a 43% revenue jump. The company has also adopted a Treasury Management Policy allowing the use of Bitcoin, aiming to be at the forefront of technological innovation. The focus remains on revenue growth and cost management to achieve sustainable operations.
More about Zoom2u Technologies Ltd.
Zoom2u Technologies Limited operates in the Software-as-a-Service (SaaS) industry, focusing on delivery optimization solutions. It manages Locate2u, a global platform for couriers, retailers, and ecommerce businesses, and Zoom2u, an on-demand delivery service in Australia.
YTD Price Performance: -6.58%
Average Trading Volume: 69,969
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on Z2U stock on TipRanks’ Stock Analysis page.
