Global Health Limited (AU:GLH) has released an update.
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Global Health Limited reported strong financial performance for Q1 FY25, with a 13% increase in both Annual Recurring Revenue and cash receipts compared to the previous year. The company also improved its cashflow deficit by 28% and is on track to achieve $7 million in ARR by June 2025. These results highlight the company’s effective financial management amidst strategic investments, like transitioning to Microsoft Azure to enhance AI integration.
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