SkyFii Limited (AU:BEO) has released an update.
SkyFii Limited reported a modest increase in operating revenues to $24.1m and recurring revenues to $16.5m, despite a slight dip in their Annualized Recurring Revenue. The company secured its largest contract at Abu Dhabi International Airport, valued over $5m, and successfully completed a $5.0 million capital raise. CEO Billy Tucker expressed confidence in Beonic’s market fit and growth potential, underpinned by industry-leading technology and a robust platform set to drive shareholder value.
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