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PUDO's Fiscal 2025 Loss Narrows on Revenue Gains
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PUDO's Fiscal 2025 Loss Narrows on Revenue Gains
Jun 2, 2025 2:01 PM

04:42 PM EDT, 06/02/2025 (MT Newswires) -- PUDO (PDO.CN), after close of trade Monday said its fiscal 2025 loss narrowed on a 27% jump in revenue from 2024.

The parcel-delivery company said its loss narrowed to $0.11 million in the year ended Feb.28, company with a prior-year loss of $0.5 million.

Revenue rose to $4.15 million from $3.36 million.

"We are excited to report that the significant increase in operating cash flow, which was a positive $259,630, and the capital raise completed in March of 2025 has meaningfully enhanced our cash position and balance sheet strength," said chief executive Elliott Etheredge.

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