Aukett Swanke (GB:AUK) has released an update.
Aukett Swanke Group PLC, an architecture and smart buildings company, has announced a new £200,000 software license contract for its Smart Core system in a significant London property, marking its first major revenue from software without third-party costs. Despite this success, the company faces cautious financial expectations due to delays in traditional project start dates and unsecured prospects, leading to a strategic focus on accelerating its Smart Buildings services. CEO Nick Clark expressed disappointment in some business performances but optimism for the future potential of scalable smart building revenues.
For further insights into GB:AUK stock, check out TipRanks’ Stock Analysis page.
