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archTIS records strong revenue growth; wins new contracts

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Manage episode 431550297 series 2891889
Innehåll tillhandahållet av Proactive Investors. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Proactive Investors eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
archTIS Ltd (ASX: AR9) managing director and CEO Daniel Lai sits down with Proactive’s Jonathan Jackson to discuss the latest quarter. For FY24, the company reported a 54% increase in annual revenue, with licensing revenue rising by 58%. Gross margins improved to 60% and gross margin dollars grew by 79%. Operating expenses decreased by 18% and the company generated positive operating cash of $1.4 million, marking a significant improvement from the previous year's outflow. Annual Recurring Revenue (ARR) reached $4.1 million, up 13% from the previous year. The company secured new contracts with key clients including the Australian Department of Defence, Penten and various global defence suppliers. Notable deals included a $264,000 annual recurring revenue licence fee with Penten and a $775,000 licence renewal with the Australian Department of Defence. archTIS also retained and expanded its customer base, achieving net revenue growth of 104%. The company appointed Andrew Burns as chief financial officer and co-secretary. Additionally, archTIS won two CyberSecurity Excellence Awards and announced Copper River Technologies as a new US Federal partner. #ProactiveInvestors #archTIS #ASX #QuarterlyReport #FinancialResults #AnnualRevenue #CybersecurityAwards #Defence #LicensingRevenue #GrossMargin #OperatingCash #ARR #CustomerWins #GlobalExpansion #USFederalPartner #AndrewBurns #CopperRiver #Penten #AustralianDefence #NCProtect #Kojensi #RevenueGrowth #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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617 episoder

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Manage episode 431550297 series 2891889
Innehåll tillhandahållet av Proactive Investors. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Proactive Investors eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
archTIS Ltd (ASX: AR9) managing director and CEO Daniel Lai sits down with Proactive’s Jonathan Jackson to discuss the latest quarter. For FY24, the company reported a 54% increase in annual revenue, with licensing revenue rising by 58%. Gross margins improved to 60% and gross margin dollars grew by 79%. Operating expenses decreased by 18% and the company generated positive operating cash of $1.4 million, marking a significant improvement from the previous year's outflow. Annual Recurring Revenue (ARR) reached $4.1 million, up 13% from the previous year. The company secured new contracts with key clients including the Australian Department of Defence, Penten and various global defence suppliers. Notable deals included a $264,000 annual recurring revenue licence fee with Penten and a $775,000 licence renewal with the Australian Department of Defence. archTIS also retained and expanded its customer base, achieving net revenue growth of 104%. The company appointed Andrew Burns as chief financial officer and co-secretary. Additionally, archTIS won two CyberSecurity Excellence Awards and announced Copper River Technologies as a new US Federal partner. #ProactiveInvestors #archTIS #ASX #QuarterlyReport #FinancialResults #AnnualRevenue #CybersecurityAwards #Defence #LicensingRevenue #GrossMargin #OperatingCash #ARR #CustomerWins #GlobalExpansion #USFederalPartner #AndrewBurns #CopperRiver #Penten #AustralianDefence #NCProtect #Kojensi #RevenueGrowth #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
  continue reading

617 episoder

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