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The latest update is out from 8Common Ltd ( (AU:8CO) ).
8common Limited has announced the renewal of its contract with the NSW Department of Education for its Expense8 platform, valued at $3.54 million over a potential four-year term. This renewal marks the second since the platform’s implementation in 2015, highlighting Expense8’s integral role in processing over a million transactions annually for the department, reinforcing 8common’s position as a trusted provider in the government sector.
More about 8Common Ltd
8common Limited (ASX: 8CO) is a leading provider of travel expense management software and card application management, serving over 190 entities across federal, New South Wales, and Northern Territory governments. The company specializes in large enterprise and government segments, with a client base that includes major enterprises and over 192 state and federal government entities. Its flagship platform, Expense8, is recognized for its comprehensive travel expense management capabilities, while its CardHero platform offers prepaid card fund distribution solutions.
Average Trading Volume: 225,656
Technical Sentiment Signal: Sell
Current Market Cap: A$5.83M
For a thorough assessment of 8CO stock, go to TipRanks’ Stock Analysis page.