$ODA – Transport logistics company Orcoda Limited posts 381 per cent increase in revenue to $8.8 million in FY21

  • Transport logistics company Orcoda (ODA) posts 381 per cent increase in revenue to $8.8 million in FY21
  • The company also made a total net profit of $456,996 — a 107 per cent leap from its $6.95 million net loss in FY20
  • In late 2020, Orcoda acquired transport services business, Betta Group, for $5 million which netted over $9.5 million in unaudited revenue for FY21
  • At the end of FY21, Orcoda had $2.37 million in cash which is a notable increase from the $1.37 million it started with
  • Company shares are trading steady at 16 cents

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