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NamSys ( (TSE:CTZ) ) has provided an update.
NamSys Inc. reported a strong financial performance for the first quarter of fiscal 2025, with a 23% increase in revenue to $1,941,613 and a 65% rise in net income to $701,985. The company’s gross margin stood at 65%, and the operating margin was 41%. This growth reflects the company’s business momentum and the dedication of its employees, as emphasized by COO Christie Gray. The results underscore NamSys’s focus on creating value for customers and shareholders, reinforcing its position in the cash processing technology industry.
More about NamSys
NamSys Inc. is a leading provider of technology solutions focused on cash processing and transportation. The company offers proprietary systems designed to enhance the efficiency of currency and value instrument processing for retailers, financial institutions, and cash-in-transit providers. These systems are available as software-as-a-service subscriptions and operate on public cloud service platforms.
YTD Price Performance: -9.68%
Average Trading Volume: 16,565
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$30.09M
For an in-depth examination of CTZ stock, go to TipRanks’ Stock Analysis page.