Cipherpoint Ltd Reports Strong Quarterly Growth
Company Announcements

Cipherpoint Ltd Reports Strong Quarterly Growth

Cipherpoint Ltd (AU:EXT) has released an update.

Excite Technology Services Limited reported a robust March quarter, typically the slowest due to holiday season, with strong renewal and in-contract growth exemplified by a major Tasmanian government contract extension. The company demonstrated consistent progress in its partnerships, notably with Trend Micro and Schneider Electric, and financial growth with customer receipts reaching $1.89M. Additionally, Excite’s strategic move to attract new investors, shown by a post-quarter $1 million capital raise, positions the company for potential organic and acquisition-driven expansion.

For further insights into AU:EXT stock, check out TipRanks’ Stock Analysis page.

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