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XPON Grows Revenue and Cash Reserves Despite ARR Dip in Q2 FY25
9:31am on Tuesday 28th of January, 2025 AEDT
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XPON Grows Revenue and Cash Reserves Despite ARR Dip in Q2 FY25
9:31am on Tuesday 28th of January, 2025 AEDT
Key Points
Martech revenue rises 2% quarter-on-quarter to $2.1 million
Annualised Recurring Revenue (ARR) falls 8% due to seasonal and churn effects
Gross margin improves 3 percentage points to 74%
Cash balance strengthens to $5.5 million with $2.1 million operating cash surplus
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Xpon Technologies (ASX:XPN)
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