Aspermont Limited ( (AU:ASP) ) has shared an announcement.
Aspermont Limited provided a clarification regarding its Q1 results, focusing on its estimation of the Total Addressable Market (TAM) for mining corporate subscriptions at 80,000 using standard SaaS metrics. The theoretical value of this market is projected at $180 million in Annual Recurring Revenue (ARR), though the company does not anticipate capturing the entire market potential. This estimation serves as a guide for investors about potential market size rather than a forward-looking statement.
More about Aspermont Limited
Aspermont is a leading media services provider catering to the global resource industries. The company has developed a commercial XaaS model for B2B media, distributing high-value content to an expanding global audience. Aspermont’s model, which is scalable across different business sectors and languages, has enabled data monetization opportunities. With listings on the ASX, Frankfurt Stock Exchange, and other German exchanges, Aspermont operates globally with offices in the UK, Australia, Brazil, USA, Canada, Singapore, and the Philippines.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.35M
For detailed information about ASP stock, go to TipRanks’ Stock Analysis page.