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How Did AdNeo Beat $2.5m Synergy Target Months Early?
10:32am on Wednesday 8th of October, 2025 AEDT
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Technology
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How Did AdNeo Beat $2.5m Synergy Target Months Early?
10:32am on Wednesday 8th of October, 2025 AEDT
Key Points
Achieved $2.5 million cost synergies, exceeding $2.0 million target
Quarterly bottom line expense reduction of $0.625 million expected in FY26
Workforce reduced by 32% and business units consolidated
Debt lowered to $3 million with extended terms and reduced interest
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