The latest update is out from Ai-Media Technologies Limited ( (AU:AIM) ).
Ai-Media Technologies Limited has announced its strategic focus on driving LEXI sales growth to meet a five-year EBITDA target of $60 million by FY29. The company is transitioning to a technology-driven SaaS model, aiming for a 35% annual growth in tech sales with high gross margins, while expanding its global market reach and enhancing its AI product suite. The company has increased its operational presence from 11 to 25 countries in 1H25, positioning itself strongly to achieve its future revenue targets.
More about Ai-Media Technologies Limited
Ai-Media Technologies Limited operates in the technology industry, focusing on transitioning from a services model to a technology-driven SaaS business. The company is known for its AI-driven LEXI Toolkit, which includes products like LEXI Voice, and aims to expand its market presence globally, particularly in the US, Europe, APAC, and targeting enterprise and government sectors.
YTD Price Performance: -18.18%
Average Trading Volume: 420,453
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$150.3M
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