EP&T Global Ltd. (AU:EPX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
EP&T Global Limited, a leader in building energy optimization, has surpassed its projected Annualized Recurring Revenue (ARR) for the year ended June 30, 2024, hitting $13.6 million—a 16% increase from the previous year. This growth is attributed to successful installation of backlog orders and securing new customers, underpinned by an enhanced installation process and robust partnerships. The company’s proprietary EDGE technology continues to drive significant energy consumption reductions across its global portfolio of over 500 buildings.
For further insights into AU:EPX stock, check out TipRanks’ Stock Analysis page.