TradeWindow has reported a 26% increase in revenue for the 2023-2024 financial year, reaching $6.2 million.
The company, which provides digital trade solutions, also revealed that its annualised recurring revenue as of the end of March was $6.3m, a 21% rise from the previous year.
TradeWindow expressed confidence in its success, highlighting its strong performance and the support of shareholders.
The ongoing $2.2m capital raising, aimed at achieving EBITDA and cashflow breakeven, has already met the $1m minimum subscription condition.
TradeWindow's chief executive, AJ Smith, announced his intention to participate in the capital raising by investing up to $500,000.
The company's optimistic outlook is now focused on the goal of reaching $7.3m to $8.3m in revenue for the current financial year.
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