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Aspermont Limited ( (AU:ASP) ) has provided an announcement.
Aspermont Limited has reported its 34th consecutive quarter of growth in subscriptions, with an annual recurring revenue of $11.4 million, marking a 6% increase year on year. The company’s average revenue per unit is up by 20%, and the net retention rate is around 100%. Subscriptions revenue has seen a 3% increase year on year, while subscription revenue composition has improved by 8%. The company is exploring new revenue opportunities in advertising, live events, and data exploration, despite reporting a negative EBITDA of $400k and net cash of $1.0 million.
More about Aspermont Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.35M
Learn more about ASP stock on TipRanks’ Stock Analysis page.
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