EP&T Global Ltd. (AU:EPX) has released an update.
EP&T Global Ltd. has reported a significant 23% increase in statutory revenue to $13.0m for FY2024, predominantly fueled by their recurring data-as-a-service revenue model which represents 94% of total revenue. The company also saw a 71% reduction in underlying EBITDA losses and a 28% growth in recurring revenue. These financial improvements are attributed to enhanced operational efficiency and faster installation of contracted projects.
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