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An announcement from Prophecy International Holdings Ltd ( (AU:PRO) ) is now available.
Prophecy International Holdings Ltd reported a record H1 FY25 revenue of $11.6M, highlighting the growing demand for its AI-enabling products Snare and emite, particularly in global markets like the Middle East. The company’s shift to a subscription-based model for Snare has enhanced its revenue sustainability, with contracted annual recurring revenue reaching $25.9M. Prophecy anticipates positive cash flow in FY25, despite seasonal fluctuations, and continues to expand its sales pipeline, benefiting from persistent market tailwinds in data integration and cybersecurity.
More about Prophecy International Holdings Ltd
Prophecy International Holdings Ltd is a business software developer focusing on AI-driven solutions. The company offers products like Snare, a security data engine, and emite, an iPaaS platform for data integration and visualization, catering to industries such as cybersecurity, operational intelligence, and business analytics.
YTD Price Performance: 0.94%
Average Trading Volume: 37,222
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$39.43M
See more insights into PRO stock on TipRanks’ Stock Analysis page.