NamSys Inc. Celebrates Strong Fiscal 2023 Results
Company Announcements

NamSys Inc. Celebrates Strong Fiscal 2023 Results

Namsys Inc. (TSE:CTZ) has released an update.

NamSys Inc. has reported a robust financial performance for the fiscal year 2023, with a record revenue increase of 13% to over $6 million and a net income jump of 16%, reaching $1.6 million. The company’s net cash also saw a significant rise of 31%, indicating strong financial health. As it continues to expand its software-as-a-service (SaaS) offerings and explore new markets, NamSys Inc. remains optimistic about its growth prospects in 2024.

For further insights into TSE:CTZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskNamSys Announces Chairman’s Retirement and Leadership Search
TipRanks Canadian Auto-Generated NewsdeskNamSys Inc. Welcomes New Expertise to Board
TipRanks Canadian Auto-Generated NewsdeskNamSys Inc. Reports Strong Q3 Financial Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App