Australia's K2fly climbs on strong Q4 results

K2FLY

21/07/2022 01:42

** Shares of tech co K2fly Ltd  K2F.AX  climb as much as
15.2% to A$0.190, mark their biggest intraday pct gain since
April 8
    ** Co posts Q4 annual recurring revenue (ARR) of A$3.8 mln
($2.62 mln), up 46% on pcp  urn:newsml:reuters.com:*:nASX728lyd
    ** Posts Q4 total contract value of A$17.8 mln, an increase
of 80% from a year earlier
    ** Shares hit their highest since June 10
    ** As of last close, stock down 45.9% this year

($1 = 1.4520 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))