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Hubify Ltd. ( (AU:HFY) ) has shared an announcement.
In FY25, Hubify achieved significant growth by transforming into a scalable Managed Service Provider with a focus on recurring revenue, reporting a 108% increase in EBITDA to $0.352 million. Despite a 9% decline in total revenue to $17.9 million due to strategic portfolio changes, the company strengthened its recurring managed services base, with recurring revenue reaching $15.5 million, or 87% of total revenue. Hubify’s disciplined cost management and strategic focus on profitable engagements have resulted in a robust, debt-free balance sheet with a closing cash balance of $2.8 million. The company is exploring partnerships and operational scaling to enhance shareholder value.
More about Hubify Ltd.
Hubify Limited (ASX:HFY) is a leading provider of IT, Cybersecurity, and Communication solutions for Australian businesses. The company offers a wide range of products and services, including Business IT, IT Infrastructure, Cybersecurity defense, Internet & Networks, and Unified Communications. Hubify serves organizations that value personalized service and forward-thinking solutions, providing a single trusted partner for their IT, Cybersecurity, and Communications needs.
Average Trading Volume: 1,250,068
Technical Sentiment Signal: Sell
Current Market Cap: A$4.09M
For detailed information about HFY stock, go to TipRanks’ Stock Analysis page.