Spectur Ltd. Reports Revenue Growth and Debt Repayment
Company Announcements

Spectur Ltd. Reports Revenue Growth and Debt Repayment

Spectur Ltd. (AU:SP3) has released an update.

Spectur Limited reported a full-year revenue increase of 11% to $8.188m and a 42% surge in sales performance, with annual recurring revenue up by 18%. Despite a net operating cash outflow for the quarter, the company’s cash position improved slightly and their EGP Capital debt has been fully repaid. The firm also highlighted strong sales continuing into July and a strengthened balance sheet following a successful entitlement offer.

For further insights into AU:SP3 stock, check out TipRanks’ Stock Analysis page.

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