Cape Range Ltd. (AU:CAG) has released an update.
Cape Range Ltd reported a revenue decline of 8% in the first quarter of 2024 for its Biztrak business, largely due to reduced software maintenance and services sales. Despite the drop, Biztrak secured new client contracts across various software solutions and is focusing on compliance efforts for Malaysia’s upcoming e-invoicing guidelines. The company is actively preparing its clients for the transition and has launched a new subdomain to enhance its cloud accounting solution’s online presence.
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