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Gathid Ltd Reports Strong ARR Growth Amid Ongoing Legal Dispute

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Gathid Ltd Reports Strong ARR Growth Amid Ongoing Legal Dispute

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RightCrowd ( (AU:GTH) ) just unveiled an update.

Gathid Ltd reported a 14% increase in Annual Recurring Revenue (ARR) for Q4 of FY25, reaching $1.936 million, and secured two new customers in the logistics and healthcare sectors. Despite a slight decrease in sales revenue due to lower implementation services activity, the company continues to manage growth and costs effectively, while dealing with a legal dispute over the sale of its physical security business, which remains unresolved.

More about RightCrowd

Gathid Ltd operates in the software industry, focusing on providing a Software as a Service (SaaS) platform. The company targets a variety of enterprise customers, including those in logistics and healthcare, offering rapidly deployable solutions that promise fast returns on investment.

Technical Sentiment Signal: Sell

Current Market Cap: A$4.74M

For an in-depth examination of GTH stock, go to TipRanks’ Overview page.

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