Acumentis Group Limited (AU:ACU) has released an update.
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Acumentis Group Limited reported a 5% increase in annual revenue, driven by growth in corporate and private fees and expansion into new regions, despite a decrease in government-related fees. The company is transitioning to cloud-based systems, resulting in an impairment charge for obsolete software, and has settled a cyber-insurance claim to avoid further litigation costs. Additionally, they recorded a notable operating profit increase and have launched a promising business valuations service with national growth potential.
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