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Why Is Prophecy International Battling Rising Snare Churn and Slowing Sales?
8:37am on Monday 8th of September, 2025 AEST
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Technology
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Why Is Prophecy International Battling Rising Snare Churn and Slowing Sales?
8:37am on Monday 8th of September, 2025 AEST
Key Points
Increased churn and weaker sales pipeline for Snare, especially in the US
FY2026 revenue growth and cash flow outlook revised downward
New $3.2 million annual personnel cost savings initiative launched
Additional $1.7 million annual savings expected from emite platform re-architecture
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Prophecy International Holdings (ASX:PRO)
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