Nuix's Loss Slightly Widens in Fiscal H1; Revenue Rises

MT Newswires Live

2025/02/24

Nuix (ASX:NXL) reported Monday a fiscal first-half diluted loss of AU$0.03 per share, compared with a loss of AU$0.02 per share a year earlier.

Analysts surveyed by FactSet expected the company to break even during the period.

Revenue for the six months ended Dec. 31, 2024, was AU$105.2 million, up from AU$98.4 million a year earlier. Analysts polled by FactSet expected AU$94.8 million.

The company expects revenue growth to exceed operating cost growth in fiscal 2025. Annualized contract value growth is forecast in the range of 11% to 16% in constant currency. Nuix also expects to report positive underlying cash flow for the fiscal year.

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