Simble Solutions Ltd. ( (AU:SIS) ) has shared an update.
Simble Solutions Limited reported a 25.4% decrease in revenues to $1.42 million for the year ended December 2024, with a 13.2% reduction in losses to $1.2 million. Despite the overall decline, the company’s energy intelligence sector saw a 15% revenue increase, driven by significant growth in its SimbleSense and SimbleConnect SaaS offerings. The company is strategically focusing on sustainability and renewable energy projects, highlighted by a memorandum for a project in Gladstone, Queensland, Australia.
More about Simble Solutions Ltd.
Simble Solutions Limited operates in the energy intelligence and carbon reporting industry, focusing on providing software-as-a-service (SaaS) solutions such as SimbleSense and SimbleConnect, as well as hardware and services. The company is expanding into sustainability and carbon neutrality, aiming to establish itself as a renewable energy developer.
Current Market Cap: A$3.35M
For detailed information about SIS stock, go to TipRanks’ Stock Analysis page.