Future First Technologies Ltd. (AU:ASV) has released an update.
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Asset Vision Co Limited reports a strong financial performance in Q4 FY24 with a 13% increase in Annual Recurring License Revenue, an 11% expansion in Licensing Revenue, and a substantial 55% boost in Total Revenue, paired with a 49% cut in Operating Expenses. The company highlights significant product developments such as the ahead-of-schedule release of AI-powered AutoPilot and successful customer project deliveries, including new contracts and a two-year extension with Ventia. Asset Vision’s market presence is set to grow as it becomes operational in every Australian state by H1 FY25 and is currently shortlisted for multiple government tenders.
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