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Asset Vision Accelerates Growth with 39% Revenue Surge and Strong Cash Flow
8:50am on Thursday 30th of January, 2025 AEDT
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Technology
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Asset Vision Accelerates Growth with 39% Revenue Surge and Strong Cash Flow
8:50am on Thursday 30th of January, 2025 AEDT
Key Points
39% increase in total revenue to $1.235 million in Q2 FY25
26% growth in Annual Recurring Revenue (ARR) to $3.9 million
5% reduction in operating expenses compared to prior year
Positive operating cash flow of $625,000 and closing cash balance near $1 million
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Asset Vision Co (ASX:ASV)
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