Sprintex Limited (AU:SIX) has released an update.
Sprintex Limited has reported a notable 105% increase in revenue, driven by strategic partnerships and product line advancements, particularly in its G-Series Jet blowers and e-superchargers for industrial and clean energy applications. The company also successfully raised capital to expand production to meet growing demand and continues to innovate with new blower models aimed at large-scale industrial use, setting the stage for future revenue growth. Furthermore, Sprintex’s collaboration with Mest Water could potentially yield an additional $150 million in revenue over the next five years.
For further insights into AU:SIX stock, check out TipRanks’ Stock Analysis page.