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An update from Adveritas Limited ( (AU:AV1) ) is now available.
Adveritas Limited reported a significant achievement in the March 2025 quarter by generating positive cash flow from operations for the first time, driven by record cash receipts of $3.96 million, marking a 129% increase from the previous year. The company is experiencing strong growth in annualized recurring revenue, sports betting, and agency partnerships, and is making strides in the eCommerce sector, positioning itself for a robust performance in the upcoming June 2025 quarter.
More about Adveritas Limited
Adveritas Limited operates in the technology industry, focusing on providing innovative solutions for digital advertising. The company is known for its products and services that enhance the efficiency and effectiveness of online advertising campaigns, with a particular emphasis on fraud prevention and data analytics. Adveritas is actively expanding its market presence in sports betting and eCommerce sectors.
YTD Price Performance: -14.58%
Average Trading Volume: 5,280
Technical Sentiment Signal: Buy
Current Market Cap: €36.63M
See more insights into AV1 stock on TipRanks’ Stock Analysis page.