EVS
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Company News
Envirosuite receives indicative takeover proposal from UK software firm Ideagen
Australian environmental technology company Envirosuite (ASX: EVS) has received an indicative takeover proposal from British software specialist Ideagen for a cash consideration of $0.10 per share. The non-binding and conditional takeover offer represents a premium of 133% to Envirosuite’s most recent closing price of $0.043 per share and a premium of 120% to the one-month […]
Envirosuite and Hitachi announce strategic partnership with $10m investment deal
Australian environmental technology specialist Envirosuite (ASX: EVS) has agreed to a $10 million investment by global mining services company Hitachi Construction Machinery (HCM) for the acquisition of a 12% stake in the company. The companies have secured a two-tranche subscription agreement that will see HCM purchase a minimum of 158.5 million Envirosuite shares priced at […]
Market wrap: ASX falls as Bank of Japan flexes its muscles
The Australian share market shed 0.7% in Friday trade as the Bank of Japan shook up markets with a pledge to be more flexible in managing interest rates. The 52.3-point fall to 7403.6 points on the ASX 200 was a solid fall but still left the Australian market up 1.2% for the week after it […]
Envirosuite achieves record quarter with major jump in new sales
Boosted by a stream of new contract wins Envirosuite (ASX: EVS) has hit new levels in quarterly sales with a return of $6.8 million in Q4 FY23. Backed up by a 13% jump in Personal Contract Purchases (PCP) the company achieved a new accounting rate of return (ARR) record of $3.1 million and project sales […]
Envirosuite rolls out new phase of EVS Water under GHD deals
Environmental technology company Envirosuite (ASX: EVS) is entering a new phase in the roll-out of its EVS Water products with two new strategic agreements with GHD, one of the most highly regarded consulting groups in the global water industry. Under the deals, GHD will support the scaling of implementation of EVS Water for major water […]
Envirosuite partners with Aeroqual to target new industrial sectors
Environmental technology company Envirosuite (ASX: EVS) has secured a strategic partnership with global air quality monitoring specialist Aeroqual to develop joint marketing opportunities in new sectors. The agreement outlines a framework for a packaged offering comprising Envirosuite’s EVS Omnis cloud-based environmental management software platform and Aeroqual’s air quality stations and monitors to be marketed across […]
Envirosuite wins contract for NASA’s X-59 supersonic aircraft testing project
Environmental technology company Envirosuite (ASX: EVS) has won a contract to participate in the X-59 Community Response Testing project organised by the North American Space Agency (NASA). Envirosuite will provide a software platform to collect, process and visualise data from NASA’s low-boom flight demonstrator program involving the X-59 Quiet Supersonic Technology (QueSST) experimental supersonic aircraft. The software […]
Envirosuite posts strong start to FY 2022, expects momentum to continue
Envirosuite (ASX: EVS) has posted a strong start to FY 2022 revealing its annual recurring revenue (ARR) for the September 2021 quarter (Q1 FY 2022) had increased to $48.6 million, which was 42% higher than the previous corresponding period. Total new sales for the period were $4.1 million, with $1.7 million of this coming from […]
Envirosuite to deploy SeweX for Water Corporation in new proof-of-concept deal
Western Australia’s Water Corporation has awarded Envirosuite (ASX: EVS) a proof-of-concept project using its SeweX corrosion, odour and safety software solution. Envirosuite’s SeweX solution is an advanced mathematical modelling tool that can detail and predict the physical, chemical and biological processes in sewers. It has been designed to assist water utilities in safely managing biological […]
Envirosuite more than doubles revenue as society strives to be more ‘responsible’
Envirosuite (ASX: EVS) is forecasting a bright future ahead with revenue more than doubling over the past year as society commits to becoming more environmentally and socially responsible. The environmental technology company has posted total revenue for the 2021 financial year of $48.6 million, of which 83% was recurring. This represents a 104% increase on […]
