tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

archTIS Ltd. Announces FY25 Results and Strategic Acquisition of Spirion

Story Highlights
  • archTIS Ltd. specializes in Data Centric Security products using ABAC technology.
  • archTIS’s acquisition of Spirion aims to enhance security solutions and boost U.S. market growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
archTIS Ltd. Announces FY25 Results and Strategic Acquisition of Spirion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

archTIS Ltd. ( (AU:AR9) ) has provided an update.

archTIS Ltd. has announced its FY25 results, highlighting a revenue of A$17.0M and a strategic acquisition of Spirion, LLC, a leader in sensitive data discovery and compliance. This acquisition is expected to enhance archTIS’s data-centric security solutions, diversify its customer base, and accelerate its penetration into the U.S. market, leveraging regulatory-driven demand. The move is anticipated to increase the company’s scale with a combined pro-forma FY25 ARR of A$21.8M, positioning archTIS for significant growth in the cybersecurity industry.

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 Ltd. is an ASX-listed global provider specializing in Data Centric Security (DCS) products designed to protect classified and sensitive information. The company utilizes Policy Enforced Attribute-Based-Access Control (ABAC) technology to implement dynamic security policies, ensuring that data is accessed and shared only by authorized users under specific conditions. archTIS has recently expanded its product suite through the acquisition of Direktiv and secured significant contracts with global customers, including the US Department of Defense.

Average Trading Volume: 1,422,217

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$62.76M

For an in-depth examination of AR9 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1