middle.news

How Did AdNeo Beat $2.5m Synergy Target Months Early?

10:32am on Wednesday 8th of October, 2025 AEDT Technology
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Adneo (ASX:AD1)
OPEN ARTICLE