Preparing video
Steven Bliim, from Excite Technology Services (ASX: EXT), shares insights into their operations and growth strategy. Steven highlights Excite's role in cybersecurity, offering services such as cyber threat defence and digital forensics. A recent acquisition enhances their forensics capabilities, allowing them to secure mid-market clients.
Steven states their competitive advantage lies in specialised digital forensics skills, distinguishing Excite from larger rivals. The CeBIT acquisition bolsters this, with Excite aiming to shift focus from acquisitions to organic growth. By investing in sales teams, they are set to boost recurring revenue in 2024 and beyond.
Steven speaks about the $1 million funding from Belgravia Group, under Jeff Lord's leadership. This investment supports their growth strategy, providing both capital and valuable industry networks. Belgravia's continued support demonstrates confidence in Excite’s expansion plans.