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Urbanise Secures Settlement, Boosts Cash Flow, Eyes FY25 Breakeven
5:20am on Monday 2nd of June, 2025 AEST
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Urbanise Secures Settlement, Boosts Cash Flow, Eyes FY25 Breakeven
5:20am on Monday 2nd of June, 2025 AEST
Key Points
Q3 FY2025 total revenue steady at $3.1 million with 92.1% recurring
License revenue dipped 2.6% due to customer losses and discontinued low-margin pass-through fees
Third consecutive quarter of positive operating cash flow, cash balance rose to $3.2 million
Contract dispute with Colliers Australia settled confidentially
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URBANISE.COM (ASX:UBN)
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