IXUP Ltd. (AU:IXU) has released an update.
IXUP Ltd., a technology company specializing in secure data collaboration, has begun revenue-generating activities in North America following their awarded contract for a centralized self-exclusion register in Ontario. This marks the company’s first revenue in the region, with activities relating to the contract representing about 25% of its value, bolstering IXUP’s near-term cash flow. The revenue originates from a joint venture with IC360 and is part of IXUP’s strategy to expand in the North American market.
For further insights into AU:IXU stock, check out TipRanks’ Stock Analysis page.