Following is a link to the latest RaaS update.
https://www.raasgroup.com/live/
- It mirrors management's commentary around revenue delays due to client migration timing.
- FY 25 Revenue 13M (34% increase on 2024) but a 25% decrease on previously forecast revenues of 16.9M.
- Positive EBITDA revised down from 5.7M to 2.0M.
- NPAT improvement from -3.8M to -0.8M.
Next year is a transformative year of development and client implementation, setting the stage for recurring revenue streams for future years.
Ian
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