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Gratifii cash receipts reach $66.3M
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Gratifii cash receipts reach $66.3M

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  • Gratifii achieved approximately $66.3 million.
  • Following the announcement, the company's stock price remained unchanged at $0.028 per share.
  • The performance is driven by early demand for its new rewards marketplace alongside an upcoming digital acquisition.

Gratifii (ASX:GTI) announced preliminary full-year cash receipts of $13.9 million in the fourth quarter.

This full-year result slightly exceeded prior market forecasts despite broader macroeconomic headwinds affecting short-term consumer behaviour.

"Gratifii Connect+ is the product the market has been asking for," said Gratifii CEO and MD Iain Dunstan.

The business stated that the new marketplace platform has six enterprise clients in negotiations and is expected to drive over $55 million in total transaction value.

Following the announcement, the Gratifii share price was unchanged at $0.028.

Management scheduled the settlement of its Mosh Digital acquisition for July 13 following an extraordinary general meeting.

The company also launched a wholesale travel platform offering clients white-label access to over 800,000 hotels and properties worldwide.

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