archTIS (ASX:AR9) books 47% revenue growth in Q3 FY24

archTIS recorded revenue growth for the third quarter of FY24. Revenue surged 47%, with licensing revenue up 76%, resulting in improved margins and positive EBITDA.

The company credited the success to contracts with the Australia Department of Defence and expansions globally, maintaining a zero customer churn rate.

Managing Director and CEO Daniel Lai cited revenue growth, improved margins, zero churn, and cost focus as strong performance indicators.