Australia's Icetana soars on strong quarterly performance

Icetana

25/07/2025 06:38

** Icetana ICE.AX soars as much as 24.6% to A$0.081; marks biggest intraday pct gain since July 3

** Stock hits highest since July 18

** IT services firm reports annualised recurring revenue (ARR) of A$1.9 mln ($1.3 mln) as at June 2025, up 10% q/q

** Posts 13% q/q rise in quarterly revenue to A$490,000, driven by deployments of existing orders, contract renewals

**  YTD, ICE surges more than 300%

($1 = A$1.5207)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))