PRO prophecy international holdings limited

Highlights:• Revenue (unaudited and preliminary) up 18.3% YoY to...

  1. 2,857 Posts.
    lightbulb Created with Sketch. 456
    Highlights:

    • Revenue (unaudited and preliminary) up 18.3% YoY to $23.2M
    • Contracted ARR +26.1% year-on-year (YoY) to $28.4M (excluding Legacy)
    • FY24 invoicing +15.2% YoY to $26.1M
    • Neutral to positive cash flow expected in FY24
    • Strong progress and positive outlook for strategic partnership with Devo Technology,
    adding approximately $1.6M of new contracted ARR to the end of FY24. All new Devo
    customers are now being provided with Snare, and successful migration of all of Devo’s
    existing customers to Snare would result in a potential increase in contracted ARR of
    $5M
    • Cash of $11.8M at 30 June 2024 (up from $10.9M at 31 December, cash flow neutral
    during FY24 and positive in H2 FY24) with zero debt



    PRO is coming together very nicely - clear growth to break even and cash flow positive in current pipeline for FY24 and before any other substantial new client contract wins or unexpected growth in current clients - I maintain my view we are very undervalued (IMHO and DYOR)

    Good luck to all holders
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
42.0¢
Change
0.000(0.00%)
Mkt cap ! $30.97M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 3502 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.5¢ 17450 1
View Market Depth
Last trade - 16.21pm 15/07/2025 (20 minute delay) ?
PRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.