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Activeport Group Limited ( (AU:ATV) ) has provided an announcement.
Activeport Group Limited reported a strong performance in Q4 FY25, with significant growth in its software and NaaS segments. Software revenue increased by 23% and NaaS revenue by 31%, driven by new licensing deals and the adoption of the Global Edge platform. The company’s strategic partnerships with major telecommunications providers and the commissioning of new infrastructure in Sydney and Melbourne position it for continued growth. Activeport’s efforts in research and development, particularly in enhancing its Compute V3.0 platform, further bolster its market positioning. The company expects to see steady increases in recurring revenue and cash receipts, supported by a robust sales pipeline and the successful deployment of its innovative services.
More about Activeport Group Limited
Activeport Group Limited operates in the technology industry, focusing on high-margin software and Network as a Service (NaaS) solutions. The company targets telecommunications, data centers, and internet service providers, with a strong emphasis on its Global Edge platform.
Average Trading Volume: 1,644,758
Technical Sentiment Signal: Sell
Current Market Cap: A$9.62M
For an in-depth examination of ATV stock, go to TipRanks’ Overview page.
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