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How Norwood Systems Is Navigating Growth Amid Rising Losses and Funding Needs

9:04pm on Friday 27th of February, 2026 AEDT Technology
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How Norwood Systems Is Navigating Growth Amid Rising Losses and Funding Needs

9:04pm on Friday 27th of February, 2026 AEDT
Key Points
  • Revenue rose to $1.26 million, up from $474K year-on-year
  • Net loss increased to $909K despite improved operating cash flow
  • Completed paid proof-of-concept with Tier-1 Asia-Pacific CSP
  • Secured $885K funding including convertible notes and short-term loans
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