EnviroSuite Ltd (AU:EVS) has released an update.
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Envirosuite Limited reported a robust fourth quarter with $3.8 million in new sales and a 2.9% increase in annual recurring revenue (ARR) to $61.1 million, showcasing its growth in the environmental intelligence technology sector. The company highlighted significant gains in the industrial and aviation segments, with new and expanded contracts, including notable wins with international airports and mines. Despite challenges such as foreign exchange impacts and churn, Envirosuite is reinforcing its market leadership by focusing on strategic sectors and regaining key clients.
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