Knosys Ltd. (AU:KNO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Knosys Ltd. reports a robust fiscal year with a positive net operating cash flow of $2.3m and an expected positive EBITDA over $1m, marking a significant recovery from the previous year’s losses. Revenue remained stable with an Annual Recurring Revenue of $9.5m, while the company successfully reduced operating expenses and secured new customers across various sectors. Looking ahead, Knosys is set to invest in its leading Library Management System, anticipating revenue growth from these developments in FY26.
For further insights into AU:KNO stock, check out TipRanks’ Stock Analysis page.