External broker reports(aggregated public sources), Canaccord Genuity

Canaccord Genuity

Canaccord Genuity Group Inc. is a leading independent investment bank with operations in North America, UK & Europe and Asia-Pacific. Canaccord Genuity Group Inc. is a leading independent, full-service financial services firm. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><ul><li>ACE reported an in-line FY24, recording revenue growth of +18% to $50m (CGe $50m, 1H/2H $26m/$24m), gross profit growth of +22% to $23m (CGe $23m, 46% gross profit margin [pcp 44%]) with adj.EBITDA of $6m (CGe $4m, pcp $6m, 12% margin). </li><li>The company remains focused on globalising its product and has expanded headcount to facilitate this (CGe +18 FTE [UK/US sales]), resulting in a +38% uplift in opex to $17m. </li><li>ACE reported FCF burn of -$6m (CGe -$3m, FY23 -$2m) due to the elevated capex spend associated with unit growth in domestic and international markets ($6m capex, ~130x units. ACE closed the period well capitalised with net cash of $19m.</li></ul></div>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

ACE reported an in-line FY24, recording revenue growth of +18% to $50m (CGe $50m, 1H/2H $26m/$24m), gross profit growth of +22% to $23m (CGe $23m, 46% gross profit margin [pcp 44%]) with adj.EBITDA of $6m (CGe $4m, pcp $6m, 12% margin). The company remains focused on globalising its product and has expanded headcount to facilitate this (CGe +18 FTE [UK/US sales]), resulting in a +38% uplift in opex to $17m. ACE reported FCF burn of -$6m (CGe -$3m, FY23 -$2m) due to the elevated capex spend associated with unit growth in domestic and international markets ($6m capex, ~130x units. ACE closed the period well capitalised with net cash of $19m.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Acusensus Ltd - Platform Set for Global Expansion

Acusensus Limited

Acusensus Ltd - Platform Set for Global Expansion