TradeWindow raises run rate, narrows FH loss sharply

On track: TradeWindow CEO AJ Smith. (Image: NZME)

Thu, 28 Nov 2024

Cross-border trade software firm TradeWindow has sharply narrowed its first-half loss on a 22% increase in revenue and tight cost control in the six months to Sept 30, compared to the same period last year.The loss of $1.3 million on an earnings before interest, tax, depreciation and amortisation (ebitda) basis compared with $4.7m for the same period a year ago and is further confirmation of its expectation to break even on a monthly ebitda basis by March of next year.Monthly cashflow breakeven is expected in April or May, Trade...

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