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. https://www.arnnet.com.au/article/657882/citadel-boasts-saas-growth-new-client-wins
blog article
CITADEL BOASTS SAAS GROWTH AND NEW CLIENT WINS
A record level of recurring revenues combined with strong growth within the software-as-a-service (SaaS) sector led towards a revenue increase of 5.5 per cent to $49.1 million for the six months ending December 31 for Canberra-based Citadel Group.During the first half of FY19, Citadel signed additional SaaS contracts across key verticals such as government, national security and defence, heath and education.The ASX-listed company’s CEO, Darren Stanley, said it had successfully transitioned its sales focus towards scalable solutions that provide annuity revenue streams, followed by an increased investment in SaaS platform development.“Our customer base continues to expand across each of our key verticals, as we scale out SaaS solutions, notably Citadel-IX, our virtual responder application for citizen safety, and our suite of e-health solutions," Stanley told shareholders. “We now have in excess of 265,000 users across software and managed solutions, which we expect to significantly scale in the coming years. READ MORE