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Camplify Overcomes Migration Hurdles, Eyes Growth
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Camplify Overcomes Migration Hurdles, Eyes Growth

Camplify Holdings Ltd. (AU:CHL) has released an update.

Camplify Holdings Ltd. has completed the challenging migration of PaulCamper’s platform, which resulted in a temporary dip in customer bookings and a projected revenue shortfall of $3.5m-$4m for FY24. However, the company anticipates a return to normal trading activities by June FY24 and expects operational improvements and cost savings of $3m-$4m for FY25, which will support growth in its core European markets.

For further insights into AU:CHL stock, check out TipRanks’ Stock Analysis page.

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