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Codeifai Slashes Cash Burn 59% as SaaS ConnectQR Gains Momentum
6:26pm on Sunday 1st of June, 2025 AEST
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Codeifai Slashes Cash Burn 59% as SaaS ConnectQR Gains Momentum
6:26pm on Sunday 1st of June, 2025 AEST
Key Points
Q4 2024 cash burn down 59% compared to Q4 2023
Cash receipts increased 48% year-on-year in Q4
Launch and rapid scaling of ConnectQR self-service SaaS platform
Strategic review underway for Material Science division and IP portfolio
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