Nuix Ltd. ( (AU:NXL) ) has provided an update.
Nuix Ltd. reported its first half of 2025 financial results, showing an 8.3% growth in Annualised Contract Value (ACV) compared to the prior corresponding period. The company also recorded a 30.6% increase in Cash EBITDA, reaching $13.4 million. Despite a decline in Net Dollar Retention and challenges in customer upsell, Nuix is experiencing continued momentum with its Nuix Neo rollout and has increased its research and development investment to support future growth. Overall, the company remains cash flow positive with a cash balance of $30.7 million, and anticipates ACV growth to be between 11% and 16% for the full fiscal year.
More about Nuix Ltd.
Nuix Ltd. is a company operating in the software industry, primarily providing investigation, cybersecurity, and data analytics solutions. The company focuses on delivering advanced data processing technologies to assist organizations in managing complex data challenges.
YTD Price Performance: -24.37%
Average Trading Volume: 1,035,191
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$1.58B
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