Audeara Ltd. (AU:AUA) has released an update.
Audeara Ltd. has reported a substantial increase in quarterly cash receipts, up 53% year-over-year to $1.2 million, driven by strong sales in its AUA Technology division and partnerships in Asian markets. The company achieved a 230% year-over-year revenue growth, largely due to its collaboration with Zildjian and a significant order from Clinico Inc. Audeara’s focus on capital efficiency and strategic partnerships positions it well for further international market expansion.
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