TradeWindow looks to cut costs – again

(Image: Getty)

Thu, 02 Nov 2023

TradeWindow’s shares have dipped only slightly after the news it is again looking to cut staff numbers, has slashed its revenue forecast and has put one of its businesses on the market.Announced to the market on Thursday morning, the NZX-listed firm’s “reorganisation” is so it can attempt to achieve monthly earnings before interest, tax, depreciation and amortisation (Ebitda) breakeven.It went to market this year seeking $20 million from investors, only to come up short with $5.4m, which forced it to cut back on research...

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