Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from EPX ( (AU:EPX) ).
EPX Limited reported a 17% increase in statutory revenue to $15.3 million for the fiscal year ending June 2025, with recurring revenue accounting for 98% of total revenue. The company reduced its underlying EBITDA loss by 56% to $0.6 million, driven by operational efficiencies and a strategic focus on recurring revenue growth. This financial performance reflects a successful turnaround strategy initiated in FY22, converting over 70% of revenue growth into improved EBITDA results. The company’s expansion into new markets and its focus on operational efficiencies are expected to strengthen its industry positioning.
The most recent analyst rating on (AU:EPX) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on EPX stock, see the AU:EPX Stock Forecast page.
More about EPX
EPX Limited operates in the technology sector, focusing on providing recurring data-as-a-service solutions. The company has transitioned its revenue model from capital-based to recurring revenue, driven by customer needs. EPX has recently expanded its market focus by launching EDGE Industrial and entering the transport vertical through the acquisition of Coda Cloud technology and assets.
Average Trading Volume: 386,904
Technical Sentiment Signal: Buy
Learn more about EPX stock on TipRanks’ Stock Analysis page.