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An update from RMA Global Ltd. ( (AU:RMY) ) is now available.
RMA Global Ltd. has reported its first cashflow positive quarter since its ASX listing, marking a significant improvement in profitability with a net operating cash gain of $252,000. The company’s revenues grew by 9% in the second quarter of FY25, driven by strategic initiatives such as the acquisition of Curated Social, which expanded its U.S. revenue base by 40%. The integration of new products and enhanced management has bolstered RMA’s market position, particularly in the U.S., amidst changes in commission structures. The company anticipates further growth in revenues, leveraging its expanded product offerings to secure more enterprise agreements and increase agent engagement.
More about RMA Global Ltd.
RMA Global Ltd. operates in the real estate industry, primarily providing digital marketing and social media content services for real estate agents. The company focuses on enhancing the digital presence of agents and brokerages across the United States, Australia, and New Zealand through its Curated Social product and RMY services.
YTD Price Performance: 2.50%
Average Trading Volume: 426,522
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$27.24M
For an in-depth examination of RMY stock, go to TipRanks’ Stock Analysis page.
