Wow, can't ask for much more than that. Fantastic results by the team. Here's the main takeaways that i can see for everyone for a quick skim:
Revenue: We saw an 18% jump in year-on-year revenue, hitting $49.6 million for FY24. That's some serious growth
Cash Flow: With $13.1 million in cash receipts this quarter and $19.3 million in the bank, our finances are rock solid.
International: Our international efforts are paying off finally. Revenue from outside Australia has grown from 1% to 4%, thanks to new contracts in the US and UK. it's a small base but we're getting there
Wins: We've installed new safety cameras in South Australia and secured contracts in the US, including a $0.8 million deal in Georgia.
Awards and Recognition: We're not just growing..we're getting noticed. We've been named the 2024 Victorian Scaleup of the Year and won a road safety award in the UK (knew this already but it's nice)
For me the most powerful takeaway from' this report is of course the 18% year-on-year revenue growth. This will help with overall investor confidence and the market perception will be improved massively. It also proves that their product works and is genuinely useful with LOTS of room for growth as its expanding internationally. So ifor people who are patient, the SP will certainly look after itself.
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- Ann: Q4 FY24 Quarterly Activities Report and Appendix 4C
Ann: Q4 FY24 Quarterly Activities Report and Appendix 4C, page-4
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Last
57.5¢ |
Change
0.005(0.88%) |
Mkt cap ! $72.68M |
Open | High | Low | Value | Volume |
59.0¢ | 61.0¢ | 57.0¢ | $211.5K | 365.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 11233 | 57.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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57.5¢ | 24165 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 11233 | 0.570 |
1 | 9000 | 0.560 |
4 | 29277 | 0.550 |
1 | 500 | 0.535 |
1 | 20000 | 0.530 |
Price($) | Vol. | No. |
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0.575 | 24165 | 1 |
0.620 | 11471 | 1 |
0.650 | 2757 | 1 |
0.695 | 10800 | 1 |
0.700 | 29134 | 4 |
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