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One Click Group Achieves Record Revenue and Expands User Base in FY2024

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One Click Group Achieves Record Revenue and Expands User Base in FY2024

UUV Aquabotix Ltd. ( (AU:1CG) ) has provided an announcement.

One Click Group Limited reported a record revenue of $4.9 million for FY2024, marking a 26% increase from the previous year and a 73% compound annual growth rate since its listing in 2022. The company achieved significant growth in its user base, reaching over 170,000 registered users, and completed a $3 million capital raise. Despite an EBITDA loss of $1.4 million, the company maintained stable operating expenses and increased its marketing efforts to drive user acquisition and revenue growth. The announcement highlights the company’s strategic focus on expanding its product offerings and enhancing its platform’s capabilities, which is expected to strengthen its market position and provide value to stakeholders.

More about UUV Aquabotix Ltd.

One Click Group Limited operates in the fintech industry, providing a platform called One Click Life that offers tax products and other financial services. The company focuses on simplifying financial management for its users, with a particular emphasis on tax return services and plans to expand into superannuation products.

Average Trading Volume: 1,046,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$11.78M

For detailed information about 1CG stock, go to TipRanks’ Stock Analysis page.

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