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The latest update is out from Objective Corporation Limited ( (AU:OCL) ).
Objective Corporation reported a 5% increase in group revenue to $123.5 million for FY2025, with a notable 15% growth in annualized recurring revenue (ARR) to $120.2 million. The company achieved a 13% rise in net profit after tax to $35.4 million and invested $31.2 million in research and development, representing 30% of its software revenue. The company’s strong financial position, with no external borrowings and a cash balance of $99.2 million, enables it to pursue further investment opportunities to enhance stakeholder returns.
The most recent analyst rating on (AU:OCL) stock is a Hold with a A$16.00 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.
More about Objective Corporation Limited
Objective Corporation Limited operates in the software industry, providing content, regulatory, and planning solutions. The company focuses on subscription-based software services, with a significant portion of its revenue derived from recurring contracts.
Average Trading Volume: 43,359
Technical Sentiment Signal: Buy
Current Market Cap: A$1.85B
See more insights into OCL stock on TipRanks’ Stock Analysis page.