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Jayride's Strategic Review to Deliver $3.75m in Annual Cost Savings
A strategic review of operations by airport transfer business Jayride Group (ASX: JAY) has delivered a 44% reduction in fixed costs, saving the company $3.75 million per year and shortening the pathway to becoming cashflow positive.
Jayride Group Raising AU$1.5 Million From Convertible Bond Sale
Jayride Group (ASX:JAY) is raising AU$1.5 million from the issue of convertible bonds to existing shareholders and new investors in two tranches. The first tranche will raise AU$525,000 and be complet
Jayride's Fiscal Q2 Revenue Rises 7%
Jayride Group (ASX:JAY) recorded a net revenue of AU$1.2 million in the quarter ended Dec. 31, 2023, up 7% from the year-ago period. Cash receipts from customers surged 122% year over year to around A
Jayride Group Managing Director Moves to Nonexecutive Director Role; Shares Fall 3%
Jayride Group (ASX:JAY) said Rod Bishop resigned as managing director, effective Monday. Bishop will remain with the company as nonexecutive director, according to a Tuesday news release. Jayride Grou
Jayride Group Launches AU$2.2 Million Entitlement Offer
Jayride Group (ASX:JAY) opened its 1-for-6 entitlement offer priced at AU$0.065 per share to raise up to AU$2.2 million. The company is also undertaking a placement of about 6.1 million new shares, al
Alexander Waislitz Just Bought 38% More Shares In Jayride Group Limited (ASX:JAY)
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