Intouch Insight (TSE:INX) has released an update.
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Intouch Insight Ltd reported an 8% revenue increase to $25.4 million in 2023, with recurring revenues up 6%, despite a decrease in operating income and adjusted EBITDA due to a change in product mix and integration of new acquisitions. The company saw its eighth consecutive year of double-digit SaaS growth. Looking ahead, Intouch forecasts a revenue growth of 25-40% for 2024, banking on traditional business lines and contributions from the recently acquired Ardent.
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