Completion of employee consultation & financial projections

TradeWindow has completed employee consultations on proposed cost reductions, resulting in the reduction of roles at the lower end of 25-35 range.

Despite this, TradeWindow is confident in its ability to serve customers, meet market demand and generate revenue, but has revised its FY24 revenue projections to $7.0 million to $8.0 million from $10.4 million.

They are also withdrawing their FY25 financial projections, with FY23 guidance remaining intact.