tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Gathid Ltd Reports Significant ARR Growth and Industry Recognition

Story Highlights
Gathid Ltd Reports Significant ARR Growth and Industry Recognition

Elevate Your Investing Strategy:

RightCrowd ( (AU:GTH) ) has shared an update.

Gathid Ltd, a company specializing in software solutions, has announced an increase in its Annual Recurring Revenue (ARR) to $1.55 million, reflecting a 92% rise since the end of FY24. The company has secured two new customers in Q2, extending its presence into new market verticals, and has been recognized as the Start-up of the Year in the Australian Information Security Association’s Cyber Security Awards for 2024. Despite a challenging period following the sale of its physical security business, the board remains confident in the company’s growth trajectory and market traction.

More about RightCrowd

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.97M

See more data about GTH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1