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FirstWave Cloud Technology Nears Cash-Positive Status Amid Global Expansion

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FirstWave Cloud Technology Nears Cash-Positive Status Amid Global Expansion

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An update from FirstWave Cloud Technology ( (AU:FCT) ) is now available.

FirstWave Cloud Technology has seen significant growth and transformation over the past 24 months, with over 150,000 organizations adopting its open-source software. The company is nearing cash-positive status, with no cash used from operational activities in FY25, indicating a strong financial position and potential for future profitability.

More about FirstWave Cloud Technology

FirstWave Cloud Technology operates in the technology sector, focusing on AI/ML patents, cybersecurity, and network management. The company offers a comprehensive product suite including Open-AudIT for device discovery, NMIS for network monitoring, Secure Traffic Manager for security enforcement, and CyberCision for cloud-based security solutions. It serves a global market with significant traction in the USA, Latin America, and APAC regions.

Average Trading Volume: 622,009

Technical Sentiment Signal: Sell

Current Market Cap: A$29.13M

Find detailed analytics on FCT stock on TipRanks’ Stock Analysis page.

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