ASIC dropped one investigation into the company’s financial accounts earlier this month, indicating Nuix had not deliberately misled investors during its highly publicised IPO.
Revenue slipped 1.5 per cent to $84 million, while earnings before interest, tax, depreciation, and amortisation were off 56.4 per cent to $13.8 million for the half.Nuix’s key metric - annualised contract value - grew 1.7 per cent for the half. Subscription annualised contract value grew by 4.9 per cent and now represents around 90 per cent of the total measure.
Nuix, which sells investigative software that can extract intelligence from unstructured data, counts big banks, auditing firms and data-heavy businesses as customers.writes on technology, internet culture, cryptocurrencies and software from our Sydney newsroom. She has previously covered global capital markets and economics.