TradeWindow Narrows Loss, Eyes Breakeven in 2024

TradeWindow (NZX: TWL), a cross-border trade software company, has significantly reduced its first-half loss with a 22% revenue increase and stringent cost management for the six months ending September 30. The company reported an EBITDA loss of $1.3 million, a sharp improvement from the $4.7 million loss in the same period last year. TradeWindow expects to achieve monthly EBITDA breakeven by March 2024, with cashflow breakeven projected for April or May 2024. This progress highlights the company’s focus on financial stability as it works toward long-term profitability.

The results reflect strong operational discipline and growing demand for its trade software solutions, positioning TradeWindow for sustainable growth in the coming year.

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