ADVERITAS LIMITED - ASX Briefs

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ADVERITAS LIMITED (ASX: AV1)

AV1: Record Revenue with New Contracts

ADVERITAS LIMITED

Annualised revenue of circa $3.26 million driven by new customer contracts and upsell/cross-sell initiatives
30% growth in annualised revenue since 1 July 2022, 15% since 1 January 2023
New blue-chip client, Tabcorp, and upsell potential with Superbet

2023-03-09 08:13:00

AV1: $4M Premium Placement to Accelerate Growth

ADVERITAS LIMITED

Adveritas Limited raised $4 million via a placement to professional and sophisticated investors.
The placement was oversubscribed and strongly supported by existing family offices and new shareholders.
Funds raised will support growth initiatives as the company has seen recent success in sales and go-to-market initiatives.

2023-01-30 09:29:00