Australia's Kinatico jumps most in 3 weeks on revenue growth

Kinatico

10/04/2024 02:09

** Shares of Kinatico  KYP.AX  rise as much as 5% to
A$0.105, posting their biggest intraday pct gain since March 19
    ** Co, which provides pre-employment screening and
verification services, posts total revenue A$7 mln ($4.64
mln)for third quarter of FY24, up 0.5% on pcp
    ** Core software-as-a-service (SaaS) revenue A$2.5 mln, up
73% on prior corresponding period
    ** More than 221,200 shares change hands, compared with the
30-day average volume of about 149,800 shares
    ** Stock down 16.7% this year, as of last close

($1 = 1.5090 Australian dollars)

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))