Latest Firstwave Cloud Technology (ASX:FCT) News

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FirstWave Holds Steady with No Cash Burn and Major Contract Wins in Q2 FY25

FirstWave reports a stable Q2 FY25 with no cash burn for the second consecutive quarter, maintaining cash reserves at $1.68 million while securing key client contract renewals and launching a promising new product.
Sophie Babbage
30 Jan 2025

FirstWave Secures Key Renewals and Launches opHA Message-Bus Amid ARR Dip

FirstWave Cloud Technology reports a cashflow positive first half of FY25, driven by strategic contract renewals and new technology launches, despite a slight decline in recurring revenue due to customer churn.
Sophie Babbage
30 Jan 2025