Trade window ipo launch

[Sideshow Bob]

Another cap raise.......


https://www.nzx.com/announcements/428552

Global trade software company updates guidance for the twelve months to the end of March 2024 to $6.1 million to $6.2 million and charts path to EBITDA and cashflow break even.
Trade Window Holdings (NZX: TWL) ("TradeWindow") the global trade software firm, today announces a $2.2 million capital raising and sets out a path to delivering positive monthly EBITDA at the end of the 2025 financial year.

[Sideshow Bob]

FY Results

https://www.nzx.com/announcements/431995

HIGHLIGHTS1
 Trading revenue: $6.2 million, up 26% from $4.9 million
 Annual recurring revenue: (ARR)2: $6.3 million, up 21%, buoyed by strong customerretention and increased usage by existing customers
 Gross margin: Improved 8 percentage points to 54%, reflecting greater operationalefficiency
 Total operating expenses: $13.4 million down 23% following comprehensive cost reduction strategies and an operational realignment
 EBITDA3 loss: $6.6 million, down 43% from $11.7 million
 Net loss after tax: $8.0 million down 18% from $9.8 million
 Cash and cash equivalents: Ended the year at $0.2 million, but substantially improvedafter the year end with an oversubscribed $2.24 million capital raising.
 FY 25 guidance: Revenue of $7.3 million to $8.3 million and monthly EBITDA breakevenby March 2025.