Adveritas Limited ( (AU:AV1) ) has provided an update.

Adveritas Limited has announced key developments in its strategic priorities, particularly in the sports betting industry, where its TrafficGuard software has secured significant contracts with major companies like LeoVegas, FanDuel, and Bally’s. The company is also expanding its product offerings with new cross-sell opportunities in the Meta suite, aiming for a commercial rollout in the latter half of FY2025. These initiatives are designed to enhance market share and unlock new revenue streams, positioning Adveritas for robust growth, especially in the upcoming March 2025 quarter.

More about Adveritas Limited

Adveritas Limited operates in the technology industry with a focus on providing digital marketing solutions. Their primary product, TrafficGuard, is a software tool that aids in fraud prevention for digital advertisers. The company has a strong market focus on sectors such as sports betting and eCommerce, seeking to expand its presence in these high-growth areas.

YTD Price Performance: 6.25%

Average Trading Volume: 880

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €45.04M

For detailed information about AV1 stock, go to TipRanks’ Stock Analysis page.