archTIS Ltd. (AU:AR9) has released an update.
archTIS Ltd. reports a triumphant quarter with a 47% surge in total revenue and an impressive 76% increase in licensing revenue, bolstering margins and achieving positive EBITDA. The company has maintained a zero customer churn rate, highlighting its dedication to excellence, and has continued to strengthen its market presence, notably with a recent $467K deal for an Australian national security agency. New CFO Andrew Burns joins the team, set to navigate the company through expanding opportunities in a market driven by rising security budgets.
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