Gratifii Ltd ( (AU:GTI) ) has issued an update.
Gratifii Limited reported a significant 54.54% increase in revenue for the half-year ending December 2024, driven by the integration of Club Connect and Rapport Group Limited. Despite the revenue growth, the company experienced a substantial increase in net loss before tax, attributed to higher technology costs and expenses related to acquisitions and restructuring. The financial results highlight the challenges Gratifii faces in balancing growth with operational costs, impacting its overall profitability and market positioning.
More about Gratifii Ltd
Gratifii Limited operates in the technology sector, focusing on providing digital customer engagement solutions. The company is involved in offering loyalty and rewards programs, primarily targeting businesses looking to enhance customer relationships and engagement.
YTD Price Performance: 12.36%
Average Trading Volume: 355,389
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$30.7M
Learn more about GTI stock on TipRanks’ Stock Analysis page.