ImExHS Posts Robust Revenue and ARR Growth
Company Announcements

ImExHS Posts Robust Revenue and ARR Growth

ImExHS Limited (AU:IME) has released an update.

ImExHS Limited reports a strong second quarter in 2024, with a revenue increase of 40% to $6.8 million and a significant rise in their Annualised Recurring Revenue (ARR) by 21% to $29.6 million. Despite these gains, the company’s underlying EBITDA slightly decreased, showing a complex financial performance. The company remains optimistic, expecting further margin improvements and robust sales growth in the latter half of the year.

For further insights into AU:IME stock, check out TipRanks’ Stock Analysis page.

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