Beamtree Holdings Ltd (AU:BMT) has released an update.
Beamtree Holdings Ltd has reported a favorable Q3 FY24 trading update, showcasing a year-on-year annual recurring revenue (ARR) increase of 20% to over $25 million and a 21% revenue growth for the year to date. The company achieved a positive operating profit in Q3 and has seen significant international expansion, particularly in the UK, Canada, and Saudi Arabia. Additionally, recent significant contract wins and strategic partnerships are set to bolster Beamtree’s presence in key markets, promising a robust pipeline for FY25 and FY26.
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