Zimplistic flips to a profit in 2021 after troubles
Tech in Asia·2022-02-10 17:00
Zimplistic, the Singapore-based startup behind the fully-automated flatbread maker Rotimatic, told Tech in Asia that it has turned operating profitable for the first time in 2021. The company said that its revenue has “increased substantially,” but it declined to give specific numbers.
While Zimplistic didn’t divulge details of its financials for 2021, this comes as a turnaround two years after it burned into its cash reserves due to mounting losses.
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