Kinaxis Inc ( (TSE:KXS) ) has issued an announcement.
Kinaxis Inc. reported strong fourth-quarter results for 2024, achieving record-breaking incremental business and customer additions. The company saw a 17% growth in SaaS revenue and a 14% increase in annual recurring revenue in constant currency. Despite a loss per diluted share, the adjusted EBITDA margin improved to 25%. The company remains focused on growth in annual recurring revenue and aims to achieve consistent Rule of 40 performance in 2025.
More about Kinaxis Inc
Kinaxis Inc. is a leading provider of supply chain orchestration solutions, known for its product leadership in the industry. The company focuses on expanding its reach with new customer wins and enhancing its offerings with advanced AI capabilities.
YTD Price Performance: -11.22%
Average Trading Volume: 67,744
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$4.32B
For detailed information about KXS stock, go to TipRanks’ Stock Analysis page.