Adslot Ltd (AU:ADS) has released an update.
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Adslot Ltd is undergoing a strategic transformation under its interim CEO, focusing on cost reductions and operational restructuring. The company has reduced its workforce by 25%, reorganized its operations into five key divisions, and is making strides in digital advertising with its StoreFront solution. Despite challenges, Adslot raised $2.02 million in equity and aims for improved financial performance and revenue growth.
For further insights into AU:ADS stock, check out TipRanks’ Stock Analysis page.
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