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