Future First Technologies Reports Strong Start to FY25

Future First Technologies Ltd. (AU:ASV) has released an update.

Future First Technologies Ltd.’s subsidiary, Asset Vision Co, reported a promising start to FY25, with a 26% increase in annual recurring revenue and a 24% rise in licensing revenue, driven by strategic product innovation and market expansion. The company achieved a positive cash flow of $191k and reduced operating expenses by 4%, highlighting effective cost management. New contracts and successful platform deployments across various sectors underscore the growing demand for Asset Vision’s solutions.

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