Australia's Gratifii surges on strong early demand for new platform, cash forecast beat
10/07/2026 04:17
BUZZ-Australia's Gratifii surges on strong early demand for new platform, cash forecast beat ** Shares of Australia's Gratifii GTI.AX rise as much as 85.7% to A$0.052, logging their biggest intraday pct gain since October 17, 2017
** Customer engagement technology provider says early demand for its loyalty program platform Connect+ has exceeded expectations, with six enterprise opportunities in active negotiations
** Adds preliminary Q4 cash receipts of A$13.9 million ($9.68 million) are expected to result in full year cash receipts of A$66.3m, slightly above forecasts
** Around 9.1 mln shares change hands, over 36 times the 30-day average trading volume
** Stock down more than 53% YTD
($1 = 1.4355 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru)