Urbanise.com Ltd. ( (AU:UBN) ) just unveiled an update.
Urbanise.com Limited reported its financial results for the first half of FY2025, showing a slight increase in total revenue to $6.3 million, driven by a 2% growth in license revenue. Despite a 3% decrease in Annualised Recurring Revenue due to the discontinuation of low-margin third-party software, the company improved its EBITDA loss by 41.2% and achieved positive cash flow. Urbanise secured 19 new contracts and made significant progress in cash collections, particularly in the Middle East, positioning itself for future growth and aiming for cash flow breakeven in FY2025.
More about Urbanise.com Ltd.
Urbanise.com Limited is a leading provider of cloud-based Software-as-a-Service (SaaS) platforms, specifically Urbanise Strata and Urbanise FM, which cater to the strata and facilities management sectors. The company operates in Australasia, the Middle East, Europe, and South Africa.
YTD Price Performance: 15.91%
Average Trading Volume: 44,204
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$32.9M
See more data about UBN stock on TipRanks’ Stock Analysis page.
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