Australia's Prophecy International jumps on strong FY23, outlook

Prophecy International Holdings

24/07/2023 04:21

** Business software developer Prophecy International Ltd
 PRO.AX  rise as much as 2.4% to A$0.645, their highest since
April 19
    ** Says total annual recurring revenue up 26% to A$23.1 mln
($15.55 mln) in FY23
    ** Adds it has seen continuing development in new pipeline
added; business going into FY24 with a healthy pipeline
    ** PRO up 6.8% this year, as of last close


($1 = 1.4852 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))