Rightcrowd Navigates Challenges and Eyes Growth

Rightcrowd Limited (AU:GTH) has released an update.

Rightcrowd Limited reports a challenging period after selling their physical security business, with a focus on resolving a financial dispute with Bloom. Despite the challenges, the company has seen increased revenue to $284k and added several new customers across various sectors, boosting its annual recurring revenue to over $700k. They have also expanded their marketing efforts and sales team to support growth in different regions, with optimistic views for future expansion.

For further insights into AU:GTH stock, check out TipRanks’ Stock Analysis page.