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Activeport Group Limited ( (AU:ATV) ) has provided an announcement.
Activeport Group Ltd reported stable revenue and costs in the first two quarters of 2025, following a successful restructure in FY24. The company aims to accelerate growth by generating recurring revenue that exceeds operating costs by the first half of FY26. Despite a slight decline in revenue in Q2, Activeport successfully raised $6.1M through a rights issue and associated placement, improving its balance sheet. The company plans to roll out new projects, including bandwidth-on-demand services in Australia and international deployments, which are expected to enhance its financial performance.
More about Activeport Group Limited
Activeport Group Ltd is an Australian company specializing in network orchestration software solutions for the global telecommunications and information technology sectors. The company generates revenue from three core business units: Activeport orchestration software, the Global Edge network-as-a-service portal, and general IT managed services.
YTD Price Performance: -15.00%
Average Trading Volume: 1,199,720
Technical Sentiment Consensus Rating: Buy
For detailed information about ATV stock, go to TipRanks’ Stock Analysis page.
