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The latest update is out from Cipherpoint Ltd ( (AU:EXT) ).
Excite Technology Services Limited reported significant financial achievements for the quarter ending December 2024, with revenues increasing to $5.07M and customer receipts doubling to $4.08M. The company’s EBITDA turned positive, and the integration of the CDFS business unit contributed to this growth. Despite a net operating cash outflow, the company remains optimistic about its future trajectory, backed by recent contract renewals in cybersecurity and managed services sectors.
More about Cipherpoint Ltd
Excite Technology Services Limited operates in the Cyber and IT services industry, offering services such as digital forensics and managed IT solutions. The company focuses on modernizing managed services, enhancing cybersecurity operations, and strengthening customer relationships across sectors like healthcare and government agencies.
YTD Price Performance: 0%
Average Trading Volume: 1,431,867
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$18.34M
See more insights into EXT stock on TipRanks’ Stock Analysis page.