CyanConnode announced an order for 1m units, its largest order this financial year to date. The contract will help underpin revenues for FY24 but, to a greater extent, will support our forecast for 111% revenue growth in FY25. CyanConnode is poised for many years of strong growth as it continues to win a significant share of India’s scheme to implement 250m smart meters.
![working](/images/WorkingLarge.gif)
11 Jan 2024
CyanConnode (CYAN LN) - Largest order in financial year to date
![](/images/orange-lock.png)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
CyanConnode (CYAN LN) - Largest order in financial year to date
CyanConnode Holdings plc (CYAN:LON) | 7.8 0 0.0% | Mkt Cap: 23.5m
- Published:
11 Jan 2024 -
Author:
Bob Liao, CFA -
Pages:
4 -
CyanConnode announced an order for 1m units, its largest order this financial year to date. The contract will help underpin revenues for FY24 but, to a greater extent, will support our forecast for 111% revenue growth in FY25. CyanConnode is poised for many years of strong growth as it continues to win a significant share of India’s scheme to implement 250m smart meters.