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Vection Technologies Surges with 60% Revenue Growth and Positive Cash Flow in 2Q25
7:03pm on Monday 2nd of June, 2025 AEST
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Technology
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Vection Technologies Surges with 60% Revenue Growth and Positive Cash Flow in 2Q25
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
60% revenue increase half-on-half to $17.4 million pro-forma in 1H25
Positive operating cash flow of approximately $0.1 million in 2Q25, a significant turnaround
Recurring revenue now 34% of total, up from 10% in FY24
Acquisition of The Digital Box (TDB) adds AI capabilities and over 3,000 customers
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VECTION TECHNOLOGIES (ASX:VR1)
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