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XPON Grows Recurring Revenue 1% QoQ Amid Strategic Sales Shift
3:56am on Monday 2nd of June, 2025 AEST
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Technology
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XPON Grows Recurring Revenue 1% QoQ Amid Strategic Sales Shift
3:56am on Monday 2nd of June, 2025 AEST
Key Points
Q3 FY25 revenue rose 1% QoQ to $2.09 million, down 8% YoY
Recurring revenue comprised 87% of total, annualised at $7.26 million
Gross margin improved to 75%, up 1 percentage point QoQ
Cash balance of $3.9 million maintained despite $1.54 million net operating cash outflow
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