AR1 – ARMnet Limited | Aussie Stock Forums

ARMnet Limited is an innovative cloud-based integration and processing software platform as a service (iPaaS) servicing the financial services sector worldwide. The ARMnet Platform is used by large corporate clients in the insurance, non-bank mortgage lending and funds management sectors. The platform dramatically reduces a client’s costs and saves time through its ability to integrate and automate data, allowing multiple systems and processes to work together in a unified way.

The ARMnet Platform has enjoyed the security of multi-year contracts, has a high customer retention rate and strong growing revenues with a total growth rate of 119% over the last 3 years and at a rate of 97% over a 5 year period.

It is anticipated that AR1 will list on the ASX during February 2020.

http://www.armnet.com.au

 

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