AoFrio has revised its FY23 revenue guidance to a range of $80 to $90 million due to a reduction in lower margin motors sales.
Despite this, the company is maintaining EBITDA guidance of around $3.5 million and is looking to expand through internal cash generation.
AoFrio will hold an analyst strategy briefing on Wednesday 24th May 2023 at 12.30pm to discuss opportunities for IoT solutions in food service, food retail and ice cream.
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