Global fintech leader in automated VAT claim and return solutions, Way2VAT Ltd (ASX:W2V, Way2VATor the Company), today announced its full-year financial results for the 12 months ended 31 December 2023(FY23).
Commenting on the Company’s achievements in FY23, Way2VAT Founder & CEO, Amos Simantov, said: “This has been a considerable year for Way2VAT as our AI-powered technology platform has started to scale. Revenues have steadily increased, culminating in a record annual revenue of $3.1million for FY23–with the $1 million milestone reached in the last quarter. Our growth can be attributed to various factors including the return to pre-Covid operating conditions, significant new enterprise client wins, and of course the new markets we’ve entered and clients we’ve serviced through a full twelvemonths of integrated operations after our strategic acquisition of DevoluIVA.
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Commenting on the Company’s achievements in FY23, Way2VAT Founder & CEO, Amos Simantov, said: “This has been a considerable year for Way2VAT as our AI-powered technology platform has started to scale. Revenues have steadily increased, culminating in a record annual revenue of $3.1million for FY23–with the $1 million milestone reached in the last quarter. Our growth can be attributed to various factors including the return to pre-Covid operating conditions, significant new enterprise client wins, and of course the new markets we’ve entered and clients we’ve serviced through a full twelvemonths of integrated operations after our strategic acquisition of DevoluIVA.
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