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Gathid Navigates Customer Shift and Legal Hurdles with $1.68m ARR

6:04pm on Wednesday 29th of October, 2025 AEDT Technology
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Gathid Navigates Customer Shift and Legal Hurdles with $1.68m ARR

6:04pm on Wednesday 29th of October, 2025 AEDT
Key Points
  • Annual Recurring Revenue dips to $1.68 million after three customer non-renewals
  • Customer base remains stable with three new contracts aligned to Ideal Customer Profile
  • Operational cash outflow reduced to $154,000, closing cash at $4.56 million
  • Ongoing legal dispute with Bloom delays finalisation of physical security business sale
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