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WAY 2 VAT LTD ( (AU:W2V) ) has issued an announcement.
WAY 2 VAT LTD reported a 43% increase in revenue for the first half of fiscal year 2025, driven by new client conversions and a significant contract with JLL, a global real estate company. Despite a net loss, the company reduced operating expenses by 7% and increased its gross profit margin to 82%, showcasing its ability to scale efficiently. The company also completed two funding rounds and extended a core financing facility, indicating strong financial backing and strategic growth initiatives.
More about WAY 2 VAT LTD
WAY 2 VAT LTD operates in the financial technology industry, focusing on VAT recovery and compliance solutions. The company provides services such as VAT reclaim and APAI Compliance, catering to enterprise clients globally.
Technical Sentiment Signal: Sell
See more data about W2V stock on TipRanks’ Stock Analysis page.