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Adveritas Limited ( (AU:AV1) ) just unveiled an announcement.
Adveritas Limited announced the successful renewal of contracts with existing clients in the sports betting market, converting annual contracts into multi-year agreements, which increased annual contract values by 27% and are expected to generate $5 million over their terms. This development signifies a vote of confidence in Adveritas’s TrafficGuard product and aligns with the company’s strategic priorities to grow its recurring revenues and market presence.
More about Adveritas Limited
Adveritas Limited operates within the technology sector, focusing on providing solutions for the global sports betting market and e-commerce sector. The company is known for its TrafficGuard product and aims to expand its market reach through strategic partnerships.
YTD Price Performance: 4.00%
Average Trading Volume: 5,280
Technical Sentiment Signal: Sell
Current Market Cap: €36.94M
Learn more about AV1 stock on TipRanks’ Stock Analysis page.