Acumentis Group Limited (AU:ACU) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Acumentis Group Limited reported a 5% increase in annual revenue, driven by growth in corporate and private fees and expansion into new regions, despite a decrease in government-related fees. The company is transitioning to cloud-based systems, resulting in an impairment charge for obsolete software, and has settled a cyber-insurance claim to avoid further litigation costs. Additionally, they recorded a notable operating profit increase and have launched a promising business valuations service with national growth potential.
For further insights into AU:ACU stock, check out TipRanks’ Stock Analysis page.