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Kneat.com Hits Record Revenues and ARR Growth

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Kneat.com Hits Record Revenues and ARR Growth

kneat.com (TSE:KSI) has released an update.

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Kneat.com has reported a substantial increase in its financial results for the second quarter of 2024, with a 45% year-over-year surge in total revenue to $11.7 million and a notable 60% growth in Annual Recurring Revenue. The company’s gross margin also improved significantly to 74%, indicating a robust profit generation capability.

For further insights into TSE:KSI stock, check out TipRanks’ Stock Analysis page.

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