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Jayride Battles Capital Strains While Pushing API Integration Ambitions
6:07pm on Sunday 1st of June, 2025 AEST
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Travel
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Jayride Battles Capital Strains While Pushing API Integration Ambitions
6:07pm on Sunday 1st of June, 2025 AEST
Key Points
Trips booked fell sharply to 79,500 in Q2 FY25
API bookings pilot reached 29% of volume across 74 countries
Net cash outflow improved slightly to $199K but net current assets declined
Cost reduction program aims to cut $2 million in operational cash burn
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Jayride (ASX:JAY)
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