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Orcoda Limited Reports Strong Growth with New SaaS Contracts

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Orcoda Limited Reports Strong Growth with New SaaS Contracts

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Orcoda Limited ( (AU:ODA) ) has shared an announcement.

Orcoda Limited has announced a significant quarterly update, highlighting the signing of six new multiyear SaaS contracts across Australia and New Zealand, contributing to a 43% increase in group revenue to $5.4 million. The company’s transport and logistics division saw a rise in annual recurring revenue, while the resource and infrastructure division experienced a 40% revenue increase. These developments underscore Orcoda’s strategic growth and its commitment to expanding its footprint as the industry embraces AI-driven digital transformation.

More about Orcoda Limited

Orcoda Limited is a leading provider of integrated smart technology solutions in transport logistics, workforce logistics, and transport infrastructure. The company focuses on optimizing client operations, enhancing efficiencies, connectivity, and compliance, with a mission to be a trusted partner in digital transformation. Orcoda serves major companies in the transport logistics, healthcare transport, infrastructure, and resources sectors, aiming to lead in smart transport corridors of the future.

Average Trading Volume: 79,055

Technical Sentiment Signal: Sell

Current Market Cap: A$12.38M

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

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