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Ai-Media Technologies Limited ( (AU:AIM) ) has shared an announcement.
AI-Media Technologies Limited reported a 19% growth in technology revenue, now making up 63% of its total revenue, as it transitions to a technology-led business model. Despite a 2% decline in total revenue due to a strategic reduction in low-margin services, the company achieved a 6% increase in gross profit and improved its gross margin to 69%. The company is on track to reach an 80% technology revenue share by December 2025, driven by the success of its LEXI solutions and encoder hardware, alongside geographic expansion into 23 new countries.
The most recent analyst rating on (AU:AIM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ai-Media Technologies Limited stock, see the AU:AIM Stock Forecast page.
More about Ai-Media Technologies Limited
AI-Media Technologies Limited is a global provider specializing in AI-driven captioning, transcription, and translation services. The company focuses on delivering technology solutions that enhance accessibility and communication, with a significant emphasis on its LEXI suite of products.
Average Trading Volume: 290,114
Technical Sentiment Signal: Sell
Current Market Cap: A$110.7M
Learn more about AIM stock on TipRanks’ Stock Analysis page.