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8Common Ltd ( (AU:8CO) ) has shared an announcement.
8common Limited reported record SaaS revenue for Q2 FY25, driven by a 9% increase in transaction and recurring revenue compared to the previous period, reaching $1.2 million. The company saw strong user growth, adding 19 new agencies in the NSW Government and recording a 5% increase in user numbers, positioning itself strategically for continued growth and efficiency as it anticipates further client engagements and transitions.
More about 8Common Ltd
8common Limited is a fintech company providing SaaS solutions, focusing on transaction and recurring revenue streams through its various software products. The company primarily serves government and corporate sectors, aiming to enhance operational efficiency through its financial management services.
YTD Price Performance: 13.33%
Average Trading Volume: 63,577
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$7.62M
For detailed information about 8CO stock, go to TipRanks’ Stock Analysis page.