Orcoda Limited (ASX:ODA) Secures New SaaS Contracts with Transport Providers
Operational Achievements
Orcoda Limited (ASX:ODA) has secured six new Software-as-a-Service (SaaS) contracts with community transport providers across Australia. These contracts, executed by its wholly-owned subsidiary Orcoda Healthcare and Transport Logistics Pty Ltd, have an initial three-year term commencing on July 1, 2025.
Financial Performance
The newly awarded SaaS contracts are expected to generate approximately A$1 million in incremental revenue for ODA. This follows participation in the ACTA trial, which contributed approximately A$1.5 million in revenue over its three-year term.
Future Outlook
The addition of these SaaS contracts positions Orcoda Limited to further expand its footprint in the transport logistics sector, leveraging its technology solutions to meet community transport needs.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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