Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from archTIS Ltd. ( (AU:AR9) ) is now available.
archTIS reported strong March quarter growth, with annual recurring revenue rising 231% year-on-year to A$15.1 million and total quarterly revenue up 143% to A$3.5 million, supported by a 71% gross margin and improving operating cost base as Spirion integration synergies take effect. The company fully delivered a custom software project for the U.S. Department of Defense, secured a roughly A$1.2 million NC Protect deal with a U.S.-European military alliance, expanded deployments across allied defence and regulated sectors, and reaffirmed the U.S. as the core of its long-term strategy despite elongated procurement cycles, bolstering confidence in future enterprise rollouts and medium- to long-term growth.
The most recent analyst rating on (AU:AR9) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on archTIS Ltd. stock, see the AU:AR9 Stock Forecast page.
More about archTIS Ltd.
archTIS Limited is an ASX- and OTCQB-listed provider of data-centric security software focused on the secure collaboration of sensitive information. The company offers zero-trust, attribute-based data security and proprietary licensing solutions, targeting defence, intelligence, allied military partners and other highly regulated, security-sensitive markets worldwide.
Average Trading Volume: 1,175,855
Technical Sentiment Signal: Sell
Current Market Cap: A$28.98M
See more insights into AR9 stock on TipRanks’ Stock Analysis page.