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FirstWave Boosts Microsoft Contract by 18%, Eyes AI Growth

10:00am on Friday 11th of July, 2025 AEST Technology
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FirstWave Boosts Microsoft Contract by 18%, Eyes AI Growth

10:00am on Friday 11th of July, 2025 AEST
Key Points
  • 12-month Microsoft contract renewal valued at AUD 770k
  • 18% increase in contract value driven by licensed node expansion
  • Gross margin near 100% due to minimal associated costs
  • Recent sales agreements total AUD 1.8m including deals with Claro and Telstra
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