Growth: Keeping track of vessels on the seas

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This company already has most of its forecast revenues for 2024 in the bag with annualised recurring revenues nearly as high as the forecast. It remains loss making but has a substantial cash buffer that is more than enough to ensure that the business reaches profitability before it runs out. That could happen by the end of 2025.

The company has confirmed that the 2023 results will be comfortably in line with forecasts. Demand for the company’s services is growing on the back of increasing sanctions activity in global trade.

Maritime AI technology services provider Windward (LON: WNWD) ...

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