Australia's RMA Global up on rise in subscription revenue

RMA Global

14/07/2023 04:22

** Shares of RMA Global  RMY.AX  up 15.4% at A$0.09, set for
best day since March 7, if gains hold
    ** Online digital marketing co says group subscription
revenue for Q4 was up 17% from a year ago
    ** Says, June was cash flow positive month, driven by a 79%
increase in U.S. subscription revenues in Q4
    ** RMY stock at its highest level since July 6
    ** Stock down 13.3% YTD, as of last close

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))