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Excite Technology Doubles Losses Amid 53% Revenue Surge and CBIT Acquisition
1:14am on Monday 2nd of June, 2025 AEST
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Technology
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Excite Technology Doubles Losses Amid 53% Revenue Surge and CBIT Acquisition
1:14am on Monday 2nd of June, 2025 AEST
Key Points
53% revenue growth to $12.27 million
94% increase in net loss to $4.44 million
Acquisition of CBIT Pty Ltd completed in October 2024
Material uncertainty on going concern flagged in audit
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Excite Technology Services (ASX:EXT)
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