RAS Technology Posts Strong Revenue Growth

RAS Technology Holdings Limited (AU:RTH) has released an update.

RAS Technology Holdings Limited reported a robust 38.1% revenue growth for the fiscal year ended June 30, 2024, reaching $16,181,000. The company significantly reduced its losses by 70.5% to $381,000, marking a considerable improvement in financial performance. Looking ahead, RAS Technology anticipates continued revenue and profit growth in FY25, driven by strategic deals and international expansion.

For further insights into AU:RTH stock, check out TipRanks’ Stock Analysis page.