The latest update is out from EnviroSuite Ltd ( (AU:EVS) ).
Envirosuite Limited reported a notable milestone by achieving a positive EBITDA for the first half of the financial year 2025, marking a 225.9% improvement over the previous comparable period. This growth was bolstered by a 9.3% increase in annual recurring revenue, driven significantly by a strategic partnership with Hitachi Construction Machinery, which is expected to enhance Envirosuite’s position in the mining market. The company also recorded a strong performance in project sales, with a record half-year result of $6.0 million, and continued to expand its technological capabilities and market reach, particularly in the Americas.
More about EnviroSuite Ltd
Envirosuite Limited is a leading company in the environmental intelligence technology industry. It focuses on providing solutions for air quality monitoring, noise management, and water quality management, with a significant presence in the mining and aviation sectors. The company is expanding its market focus internationally, particularly in the Americas.
YTD Price Performance: -30.0%
Average Trading Volume: 577,449
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$60.51M
Learn more about EVS stock on TipRanks’ Stock Analysis page.