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AdNeo Drives Record US Sales and Sharp Cost Cuts in Q2 FY25

5:29pm on Friday 31st of January, 2025 AEDT Technology
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AdNeo Drives Record US Sales and Sharp Cost Cuts in Q2 FY25

5:29pm on Friday 31st of January, 2025 AEDT
Key Points
  • Art of Mentoring posts $720k in new sales, 71% from US flagship clients
  • Group cash receipts rise 69% quarter-on-quarter to $1.6 million
  • Operational expenses trimmed by 3% QoQ, improving cash flow by 76%
  • Received $780k R&D tax incentive to bolster working capital and reduce liabilities
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