Aspermont Limited (AU:ASP) has released an update.
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Aspermont Limited has announced a positive financial turnaround, with revenues and profitability improving, marked by a 33rd consecutive quarter of subscription growth. Subscription revenue increased by 4%, while Annual Recurring Revenue grew by 7% year on year, alongside a significant 17% rise in Average Revenue Per Unit. The company has maintained a stable EBITDA and holds net cash reserves of $1.4m.
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