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Gathid Ltd Reports Significant ARR Growth and Industry Recognition
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Gathid Ltd Reports Significant ARR Growth and Industry Recognition

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Invest with Confidence:

RightCrowd ( (AU:GTH) ) has shared an update.

Gathid Ltd, a company specializing in software solutions, has announced an increase in its Annual Recurring Revenue (ARR) to $1.55 million, reflecting a 92% rise since the end of FY24. The company has secured two new customers in Q2, extending its presence into new market verticals, and has been recognized as the Start-up of the Year in the Australian Information Security Association’s Cyber Security Awards for 2024. Despite a challenging period following the sale of its physical security business, the board remains confident in the company’s growth trajectory and market traction.

More about RightCrowd

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.97M

See more data about GTH stock on TipRanks’ Stock Analysis page.

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