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How Did Way2VAT Achieve a Record $1.65M Quarter Amid Rising Receivables?
9:05am on Thursday 31st of July, 2025 AEST
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Financial Technology
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How Did Way2VAT Achieve a Record $1.65M Quarter Amid Rising Receivables?
9:05am on Thursday 31st of July, 2025 AEST
Key Points
Q2 FY25 revenue up 50% year-on-year to A$1.65 million
Enterprise client base grows to 414, including new global client JLL
Operating expenses reduced to A$2.13 million following cost-cutting measures
Accounts receivable rises to approximately A$5.3 million amid ongoing collection efforts
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