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EPX Limited (ASX:EPX)

ALERT: Price-sensitive ASX Announcement for EPX
Current share price for EPX : $0.165 0.131 (385.29%)+
Announcement
Release
20 Oct 2025 9:27AM
Price at Release
$0.034
Full Release
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Summary
EPX Limited has released its quarterly operating update for the period ending 30 September 2025. The company reported a net increase in Annual Contract Value (ACV) by $0.4 million to $18.0 million, despite removing $0.4 million due to a successful settlement with a nonperforming customer in the UAE. The Annual Recurring Revenue (ARR) also saw an increase from $15.5 million in June 2025 to $15.7 million in September 2025. This growth was attributed to the conversion of ACV to ARR. The number of sites expanded from 740 to 759, including new sites in the UAE and Australia, despite some reductions due to contract terminations. CEO John Balassis highlighted the positive performance trends and the strategic entry into the healthcare sector, emphasizing the importance of continued investment in sales and marketing activities.
Key Points
  • Annual Contract Value increased by $0.4 million to $18.0 million.
  • Settlement with a nonperforming UAE customer resulted in a $0.4 million ACV removal.
  • Annual Recurring Revenue grew from $15.5 million to $15.7 million.
  • Site numbers rose from 740 to 759.
  • New ACV in the UAE with 10 hospitals, valued at A$0.7 million.
  • CEO highlights positive trends and healthcare market entry.
  • Investments in sales and marketing show early progress.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.