Birddog Technology Ltd. (AU:BDT) has released an update.
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BirdDog Technology Limited faced a challenging fiscal year 2024, reporting a net loss before tax of $8.6 million, compared to $4.8 million in the previous year. Despite the losses, the company achieved over $3 million in operational expenditure savings and invested $5.5 million in R&D, signaling a strategic focus on future growth. With cash holdings at $16.5 million by June 2024, BirdDog is positioning itself for a potentially stronger financial performance in FY25.
For further insights into AU:BDT stock, check out TipRanks’ Stock Analysis page.
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