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archTIS Boosts ARR 12% and Secures Direktiv Acquisition to Expand Tech Edge
8:59am on Friday 31st of January, 2025 AEDT
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Technology
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archTIS Boosts ARR 12% and Secures Direktiv Acquisition to Expand Tech Edge
8:59am on Friday 31st of January, 2025 AEDT
Key Points
Annual recurring revenue (ARR) up 12% to $4.0 million
Gross margin improved to 78%, driven by higher licensing revenue
Net positive cash flow from operating activities of $2.6 million
Key customer wins including BAE Systems Australia, Accenture, and SAP
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