Urbanise.com Ltd. (AU:UBN) has released an update.
Urbanise.com Ltd reports a steady Q3 FY2024, with a 3.1% rise in licence revenue and significant cost reductions, positioning the company closer to its goal of achieving cash flow positivity in FY2025. The company also announced the completion of a new strata solution, expanding their market opportunity and potentially increasing margins. Key achievements include solidifying a long-term partnership with a large APAC strata customer and reducing churn while focusing on sales conversion of small to medium-sized enterprises.
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