Linius Technologies (ASX:LNU) has achieved record billings in Q2 FY2023 and expects 3x (QoQ) Quarter on Quarter growth in cash receipts, and 2x QoQ growth in billings in Q3 FY2023.
The video technology company recently signed deals with Inverleigh Media, Cricket Australia, and A-Leagues.
It also has a strong pipeline and is progressing towards profitability through its growing recurring revenue model.
Linius Technologies' CEO, James Brennan highlighted improvements in financial results, accelerating revenue growth, and a path to profitability in a recent presentation.