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Simble Solutions Reports Strong Q4 Growth and Strategic Expansion

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Simble Solutions Reports Strong Q4 Growth and Strategic Expansion

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The latest announcement is out from Simble Solutions Ltd. ( (AU:SIS) ).

Simble Solutions Limited reported a significant 117% increase in customer receipts in Q4 FY24 compared to the previous quarter, although there was a slight year-on-year decrease. The company’s net cash usage improved notably, and it secured a $280k placement at a premium price per share. Simble is expanding its operations with new partnerships and customer acquisitions in Australia and the UK, including a deal with Nisa Retail Group to implement their energy intelligence solution across 4000 locations.

More about Simble Solutions Ltd.

Simble Solutions Limited operates in the energy and sustainability software industry, providing solutions such as SimbleSense for energy intelligence and CarbonView for carbon accounting. The company focuses on markets in Australia, the UK, and the Asia Pacific, offering products like ESG scorecards and expanding its customer base through partnerships and strategic business expansions.

Current Market Cap: A$3.35M

See more insights into SIS stock on TipRanks’ Stock Analysis page.

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