infinitii ai reports strong 35% revenue growth in Q1 FY2025 doubling FY2024's annual growth rate [Yahoo! Finance]
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Source: Yahoo! Finance
predictive analytics software for Smart City water and Smart Industry infrastructure applications that rely on time-series data, released financial highlights for the period ended September 30, 2024 . A complete set of September 30, 2024 Interim Financial Statements and Management's Discussion & Analysis has been filed at www.sedarplus.ca Key financial highlights Strong revenue growth : infinitii ai achieved in Q1 FY2025 revenue, representing a 35% increase compared to for the same period last year. This marks a strong acceleration in growth, with revenue in Q1 FY2025 increasing at twice the pace of FY2024's annual revenue. Improved profitability : The Company significantly reduced its quarterly loss from operations to , a 62% improvement compared to a loss of in Q1 FY2024, demonstrating strong operational efficiency and cost management. Optimized cash flow : Cash required by operating activities decreased to , an 8% improvement over the prior-year period, reflecting disciplin
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