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Gratifii Ltd ( (AU:GTI) ) has issued an announcement.
Gratifii Limited is on track to meet its FY25 revenue forecast of $60 million, with cash receipts for the fourth quarter exceeding expectations despite earlier setbacks from a cyclone. The company has successfully integrated recent acquisitions, leading to significant cost savings and strategic synergies, such as a new collaboration with the Bank of New Zealand. Gratifii is also expanding its client base with new contracts that promise long-term growth. The company is strengthening its position as a dominant distribution channel, securing exclusive deals and outperforming traditional sales channels, which is crucial in the current economic climate. The departure of COO Grant Hendry marks a change in the executive team as Gratifii continues to focus on achieving its FY26 revenue target of approximately $84 million.
More about Gratifii Ltd
Gratifii Limited (ASX: GTI) is an ASX-listed company that specializes in transforming the management and delivery of rewards and incentives. The company offers a comprehensive platform that provides affordable, market-leading functionality and configurability, serving over 80 mid-to-top tier brands across Australia, New Zealand, and Southeast Asia.
Average Trading Volume: 1,220,268
Technical Sentiment Signal: Sell
Current Market Cap: A$31.85M
Find detailed analytics on GTI stock on TipRanks’ Stock Analysis page.