Birddog Technology Ltd. (AU:BDT) reported its financial performance for the March quarter and announced a 24% decrease in revenue from the previous quarter, which amounted to A$3.7 million. Despite this decline, the company remains financially strong with a cash balance of A$20.8 million and an annual overhead savings of over A$2.0 million.
The successful launch of four next-generation camera SKUs and positive recognition at NAB 2024 indicate that Birddog Technology Ltd. is moving towards an EBITDA-positive future, signaling positive momentum and confidence in the company’s future profitability.
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