TradeWindow has reported a 17% increase in trading revenue for the first quarter of the 2024-2025 financial year, reaching $1.8 million.
The company's strong performance in Q1FY25 has also contributed to a 7 percentage point improvement in gross margin, which now stands at 61%.
With 515 leading export, import, and freight forwarding brands in its customer base, TradeWindow highlighted the resilience that comes from diversification of revenues across various sectors.
Most of the 20% growth in revenue was in the shipper segment, driven by an increase in transactions, while cross-sales of additional solutions were the main driver of the 14% year-on-year growth in the freight forwarding segment.
TradeWindow expressed its focus on achieving monthly ebitda break-even in March 2025.
However, the company expressed disappointment in its share price performance, which is currently $0.15, down 16.7% since the start of the financial year.
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