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Why Did Prophecy Cancel Its Complexica Merger and What’s Next?

9:25am on Friday 28th of November, 2025 AEDT Technology
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Why Did Prophecy Cancel Its Complexica Merger and What’s Next?

9:25am on Friday 28th of November, 2025 AEDT
Key Points
  • FY25 revenue slightly down to $21.8 million with a $6.8 million net loss
  • Termination of proposed merger with Complexica and cancellation of share buy-back
  • Ongoing modernization of emite platform to cut hosting costs by $700K annually
  • Launch of AI-powered features and next-gen cloud offering for Snare suite
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