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K2fly reveals 20 per cent growth in recurring revenue
Mining technology business K2fly (ASX: K2F) has delivered a 20 per cent boost to its annual recurring revenue (ARR), with new sales and...

Sheena Francis
Jul 22, 2024


K2fly to cash in on new software deal with Canadian miner
ASX-listed K2fly’s (ASX: K2F) cloud-based software solution that audits mineral inventories has attracted as new customer, with Canadian...

Sheena Francis
Jun 25, 2024


K2fly shares soar on the back of binding buyout deal
Mining software provider K2fly’s (ASX: K2F) shares hiked 85 per cent today after revelations emerged that the company is set to be taken...

Sheena Francis
Jun 21, 2024


K2fly hits 15 straight quarters of recurring revenue growth
Mining software provider K2fly (ASX: K2F) has recorded a remarkable 15 straight quarters of annual recurring revenue (ARR) growth, which...

Sheena Francis
Apr 30, 2024


World’s biggest iron ore producer contracts K2fly software
The world’s largest iron ore and nickel producer, Brazilian powerhouse Vale, has contracted Perth based ASX-listed company K2fly (ASX:...

Sheena Francis
Apr 12, 2024


K2fly records 14th consecutive quarter of ARR growth
K2fly’s latest quarterly report shows 14 consecutive quarters of ARR growth. Credit: File Software provider K2fly says cost management remains its major focus as the company’s latest financial report today revealed a remarkable 14th consecutive quarter of annual recurring revenue (ARR) growth. The company’s ARR was at $8 million in the past quarter, up 16 per cent compared to the previous corresponding period (PCP) and revenue was at $3.4million, up 21 per cent from the PCP.

Andrew Duffy
Jan 31, 2024


K2fly brings in heavyweights for strategic review
K2fly is kicking off a strategic review of its operations in a bid to maximise the value of its mining software solutions. Credit: File Software provider K2fly has initiated a sweeping strategic review of its operations in a swift boardroom move designed to maximise the full potential of its innovative resource governance software solutions. Despite already having secured a stellar cast of top-tier clients and after posting 13 quarters of increasing revenue on the trot, K2Fly

Helen Barling
Nov 23, 2023


K2fly grows annual recurring revenue to $7.9m
K2fly's software solutions are making an impact among WA's mining giants. Credit: File K2fly has grown its annual recurring revenue (ARR) for a 13th straight quarter, revealing a 6 per cent jump up to $7.9 million in the company’s latest financial disclosure … and it says there is still room to expand. Management says that when compared with the corresponding quarter last year, its ARR was up 22 per cent and its revenue of nearly $3.5 million represented an increase of 29 per

Doug Bright
Nov 1, 2023


K2fly on upward trend with 28 per cent revenue jump
K2fly has revealed a significant revenue increase. Credit: File Software provider K2fly has revealed a steady stepladder towards profit-making after its latest financial year report showed healthy revenue of $12.8 million – a jump of 28 per cent on the previous period. The company’s positive result was bolstered by a 25 per cent increase in annual recurring revenue up to $7.5 million. It says that meant its three-year annual recurring revenue compound annual growth rate (CAGR

Andrew Duffy
Aug 30, 2023


K2fly financial year revenue surges 38 per cent
Some big name clients have seen K2fly boost its revenue by 18 per cent in just a quarter. Credit: File ASX-listed mining software provider K2fly has unveiled revenue of $4m for the final quarter of the financial year – a 38 per cent rise from the same period last year and up 18 per cent on the previous quarter. Management says the strong results wrapped up a solid year of growth, where revenue grew 28 per cent compared to the previous 12 months. It continues a positive trend
Steve Kaless
Jul 25, 2023


K2fly inks five-year partnership deal with Roy Hill
Caption: Roy Hill has agreed to use K2fly’s ground disturbance solution for five years. Credit: File K2fly has inked a five-year deal with the world-class Roy Hill iron ore operation in Western Australia’s Pilbara region for the use of its "ground disturbance” solution. The agreement marks the second of the company’s two contracts signed with major Pilbara operators for the solution in less than a month, having secured a three-year extension with BHP in June. Under the latest
Meagan Evans
Jul 14, 2023


BHP agrees to three-year deal extension with K2fly
K2fly's software is helping BHP manage its iron ore operations in the Pilbara. Credit: File ESG software provider K2fly will continue to supply mining behemoth BHP with its “ground disturbance” solution for another three years after the “Big Australian” agreed to a contract extension. Management says the new deal, which covers the global miner’s iron ore operations in Western Australia’s Pilbara region, will generate annual recurring revenue of $664,000 and has a total contr
Steve Kaless
Jun 20, 2023


K2fly cashes up with new French mining contract
K2fly has added to its stable of mining clients looking to add value with its ESG focused software. Credit:File Mining software provider K2fly will supply Eramet SA with its resource disclosure solution after the French-owned miner signed a three-year deal worth $564,000 to cover its five operations and four commodities. Management says the partnership will provide an annual recurring revenue of $152,000 and it is hopeful the relationship will lead to future opportunities. K2
Steve Kaless
Jun 15, 2023


New contracts see K2fly boost revenue growth by 19 per cent
ASX-listed mining software provider K2fly has unveiled revenue of $3.4m for the third quarter of the financial year – a 19 per cent rise on the company’s income from the previous quarter. The company says the figure was a 35 per cent jump on the corresponding period last year and put the result down to freshly-inked contracts and “go live” milestone projects with major companies, BHP and Rio Tinto. K2fly’s suite of software products focus on the environment, social and govern
Steve Kaless
Apr 20, 2023
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