GEO (NZX.GEO) has reported its second-highest quarterly new licence result for the quarter ending 30 September 2022 and has seen early improvements in retention levels.
The company has seen strong customer feedback following the August rollout of product enhancements, including a new interface and mobile app.
GEO is now targeting cash flow breakeven in the second half of 2024, and is currently in discussions with debt and convertible note investors to deliver minimally dilutive funding.
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