Knosys Ltd. ( (AU:KNO) ) has provided an update.
Knosys Limited reported a record Annual Recurring Revenue (ARR) of $9.7 million, driven by new customer acquisitions and enterprise contract renewals. Despite a net loss after tax of $0.3 million, the company maintained a positive EBITDA of $0.1 million, reflecting disciplined cost control amidst increased investment in product development. The company is on track with its product development roadmap, aiming to enhance its library management solutions and launch a new mobile Library App in March 2025. This strategic focus is expected to drive future revenue growth and strengthen Knosys’s market position in the library-tech industry.
More about Knosys Ltd.
Knosys Limited is a company operating in the library-tech industry, focusing on developing and enhancing library management solutions. Their primary products include the KnowledgeIQ platform and the Libero library management solution, targeting public and academic libraries globally.
YTD Price Performance: -14.00%
Average Trading Volume: 198,760
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.29M
See more data about KNO stock on TipRanks’ Stock Analysis page.
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