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An update from WAY 2 VAT LTD ( (AU:W2V) ) is now available.
Way2VAT reported a record quarterly revenue of $1.49 million for Q4 FY24, marking a 49% increase from the previous year, and a full year revenue growth of 43% to $4.721 million. The company successfully expanded its enterprise client base, including a significant contract with a multinational real estate services company, and implemented significant cost reductions, expected to fully impact Q1 2025 results. The company’s strategic growth in new client relationships and cross-selling existing services has strengthened its market position, especially in competitive European markets.
More about WAY 2 VAT LTD
Way2VAT Ltd is a global fintech leader specializing in automated VAT claim and return solutions. The company focuses on providing superior technology platforms to enhance VAT reclaim efficiency for enterprise clients globally, including in Europe and Australia.
Technical Sentiment Consensus Rating: Buy
Learn more about W2V stock on TipRanks’ Stock Analysis page.
