- INEO Tech press release ( OTCQB:INEOF ): Q2 GAAP EPS of -C$0.01.
- Revenue of C$0.39M (+50.0% Y/Y).
- Adjusted EBITDA loss for the three months ended December 31, 2022 was C$0.86M, compared to Adjusted EBITDA loss of C$0.67M for the three months ended December 31, 2021.
- INEO had C$2.35M of cash and cash equivalents at December 31, 2022, compared to C$1.71M of cash and cash equivalents at June 30, 2022.
- Outlook: INEO's key objectives for fiscal 2023 are as follows: Increase revenues through the deployment of systems to INEO's leading retail customers.
- Expand the INEO Media Network, in key geographical markets across North America and South America.
- Support Prosegur with its growth and initiatives with key retailers across the globe, including converting large retail customers from trialing the Welcoming System to fully contracted customer roll-outs.
For further details see:
INEO Tech GAAP EPS of -C$0.01, revenue of C$0.39M