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Activeport Builds Stable Revenue Base, Eyes Growth from $4M GPU Deal
7:13pm on Thursday 30th of January, 2025 AEDT
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Information Technology
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Activeport Builds Stable Revenue Base, Eyes Growth from $4M GPU Deal
7:13pm on Thursday 30th of January, 2025 AEDT
Key Points
Q2 FY25 revenue stable at $2.5 million with minimal cost growth
Successful rights issue raised $6.1 million, strengthening balance sheet
Conditional $4 million GPU orchestration license agreement with Radian Arc pending revenue recognition
Recurring revenue streams from SaaS and software licensing established as baseline
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Activeport (ASX:ATV)
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