WAY 2 VAT LTD (AU:W2V) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Way2VAT Ltd reported a 74% increase in revenue for Q3 FY24, reaching $1.415 million, thanks to a significant rise in invoice processing and an expanded contract with Solenis Chemical. The company also grew its enterprise client base, including a deal with a major NASDAQ-listed technology firm. Despite delays in VAT reclaim processes affecting cash flow, Way2VAT anticipates improved cash receipts in the next quarter.
For further insights into AU:W2V stock, check out TipRanks’ Stock Analysis page.