Motio (ASX:MXO) raised its 2025 cash earnings before interest, tax, depreciation, and amortization target to at least AU$1.4 million from its previous guidance of over AU$1.2 million, according to a Monday Australian bourse filing.
The company also upgraded its 2025 revenue guidance to a range of AU$8.5 million to AU$8.9 million from its previous forecast of AU$8.4 million to AU$8.8 million.
The company's shares surged nearly 21% in recent Monday trade.
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