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Codeifai Surges 141% in Q1 Cash Receipts, Riding Digital Strategy Wave
4:45am on Monday 2nd of June, 2025 AEST
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Technology
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Codeifai Surges 141% in Q1 Cash Receipts, Riding Digital Strategy Wave
4:45am on Monday 2nd of June, 2025 AEST
Key Points
Q1 2025 cash receipts surged 141% quarter-on-quarter to $273k
Cash costs rose 42% due to one-off administration expenses
Gross margins sustained above 95%, underpinning profitability path
Strategic review underway for Material Science division with potential sale
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Codeifai (ASX:CDE)
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