Australia's RPMGlobal eyes best day in a year on strong ARR growth

RPMGlobal Holdings

04/07/2022 02:29

** Shares of mining software solutions provider RPMGlobal
Holdings  RUL.AX  climb as much as 7.6% to A$1.70, mark their
biggest intraday pct gain since July 21, 2021 
    ** Co says its Annually Recurring Revenue (ARR) from
software subscriptions finished the year at A$32.8 mln ($22.36
mln), up A$10.9 mln from the start of FY2022  urn:newsml:reuters.com:*:nASX5Nsk5q
    ** Says revenue from recurring subscription license sales
increased by A$6.4 mln to A$54.1 mln
    ** Adds total contracted value derived from software license
sales for FY2022 totalled A$55.9 mln 
    ** Shares hit their highest since June 28
    ** As of last close, stock down 26.5% this year

($1 = 1.4671 Australian dollars)

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