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Renoworks Launches 15 New Enterprise Visualizers, Corrects Recurring Revenue in 2024 Results
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Renoworks Launches 15 New Enterprise Visualizers, Corrects Recurring Revenue in 2024 Results
May 25, 2025 8:14 PM

12:24 PM EDT, 04/28/2025 (MT Newswires) -- RenoWorks Software ( ROWKF ) Monday corrected a revenue figure from its annual and fourth quarter 2024 financial results as it released new visualizers for its software packages.

The company corrected its report of recurring revenue from an April 15 statement to a rise 23% to $2.76 million from, compared to $2.51 million in 2023. It previously reported recurring revenue rose 20% to $1.96 million, compared to $1.63 million.

RenoWorks also released visualizers for diverse range of manufacturers and distributors, "reflecting the growing demand for digital visualization solutions among building product brands."

"The addition of these new enterprise visualizers is a testament to the growing recognition of Renoworks as the platform of choice for manufacturers and distributors looking to elevate their customer engagement strategies," said chief executive Doug Vickerson.

The company shares were last seen up $0.015 to $0.275 on the TSX Venture Exchange.

Price: 0.28, Change: +0.02, Percent Change: +5.77

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