Normal
IFM provides an updated revenue guidance range of $142m to $149m.The previous guidance issued with the FY2024 result in August 24 was $144 million to $154 million with stable margins subject to an unchanged macro-economic environment in FY2025.While the Company still expects a stronger second half FY2025 performance, changing macro-economic conditions have contributed to a more conservative view around the ability to migrgate the impact of a customer churn event of approximately $4 million that occurred in October, DMS integration delays due to lower availability of partner IT resources following a cyber security incident at the partner, and foreign exchange movements..down 5 per cent, to $1.38. all the up for the year now gone[ATTACH=full]187674[/ATTACH]
IFM provides an updated revenue guidance range of $142m to $149m.
The previous guidance issued with the FY2024 result in August 24 was $144 million to $154 million with stable margins subject to an unchanged macro-economic environment in FY2025.
While the Company still expects a stronger second half FY2025 performance, changing macro-economic conditions have contributed to a more conservative view around the ability to migrgate the impact of a customer churn event of approximately $4 million that occurred in October, DMS integration delays due to lower availability of partner IT resources following a cyber security incident at the partner, and foreign exchange movements.
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down 5 per cent, to $1.38. all the up for the year now gone
[ATTACH=full]187674[/ATTACH]
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