- Melbourne-based Orcoda (ODA) specialises in transport logistics and transport services across road, rail and air, with AI-supported digital capabilities
- With the world struggling with severe supply chain issues, there exists a significant opportunity for the company
- Investment in digital supply chain management is soaring, and Orcoda managed an impressive turnaround in profit over the last 18 months
- Part of Orcoda’s success comes from the “milestone” acquisition of Betta Group in December last year, which boosted revenue several times over
- With roughly $3.8 million in cash, the company is well positioned to capitalise on future growth opportunities
Continued growth and positive momentum in the second quarter of FY23.
Key Points Positive operating cash flow of $434k in 1H FY23 Record half yearly $11.3 million customer receipts and $9.7 million total income for 1H FY23 Well capitalised to capture future growth...