The latest announcement is out from Aspermont Limited ( (AU:ASP) ).
Aspermont Limited announced its 34th consecutive quarter of growth in subscriptions, with Annual Recurring Revenue reaching $11.4 million, a 6% increase year on year. The average revenue per user has grown by 20%, and subscriptions now account for 68% of the company’s total revenue, indicating strong financial performance and strategic positioning to capitalize on new market trends.
More about Aspermont Limited
Aspermont Limited is a leading media services provider for the global resource industries. It operates a commercial XaaS model for B2B media, distributing high-value content to a growing international audience. The company is exploring data monetization opportunities and is listed on the ASX and Frankfurt Stock Exchange, with offices in several countries including the UK, Australia, and Brazil.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.35M
Learn more about ASP stock on TipRanks’ Stock Analysis page.