Gratifii On Track to Meet AU$60 Million Revenue Forecast for Fiscal Year 2025

MT Newswires Live
05/22

Gratifii (ASX:GTI) said it is on track to meet its AU$60 million revenue forecast for the full fiscal year and to achieve its fiscal year 2026 pro-forma revenue target of around AU$84 million, according to a Thursday Australian bourse filing.

Its cash receipts in April and May to date were ahead of management's expectations and prior corresponding periods.

It progressed the integration of the recent acquisition of both Club Connect and Rapport, with over AU$900,000 in annualized operating expenses removed through the consolidation of systems and personnel. Further cost savings are expected in June and July.

Grant Hendry, the current Chief Operating Officer of Gratifii and former chief executive of Club Connect, will be leaving the firm in August.

The firm's shares rose 6% on market close.

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