Gratifii Ltd (AU:GTI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gratifii Limited has reported a robust financial performance for the first quarter of FY25, with a 32.7% increase in cash receipts quarter-on-quarter, reaching $8.31 million. The company achieved positive operational cash flow of $676,000, attributed to new contracts with major clients like Coles Online and Mitsubishi Heavy Industries. Additionally, Gratifii has strengthened its position in the market by securing significant transactions and raising approximately $9 million through a partially underwritten placement.
For further insights into AU:GTI stock, check out TipRanks’ Stock Analysis page.