GrandTech's revenue performance in June was mainly driven by cloud services, which continued to grow month-over-month, contributing 47% of the monthly revenue, followed by enterprise services also contributing 47%, and digital printing services at 6%. Excluding the contribution from its subsidiary Senco-Masslink, revenue grew by 16% compared to the same period last year, with recurring revenue (RR) accounting for 79%.
The accumulated revenue for Q2 was NT$1.288 billion, an increase of 9% YoY. GrandTech further stated that amidst the growth trend in the cloud services market, the performance of cloud services in Q2 continued to show quarter-over-quarter growth. The company's expansion in overseas markets also yielded significant results, fostering cautious optimism for the growth of cloud services. Although Q2 is traditionally a slow season, the shifting macroeconomic landscape has prompted businesses to transition from conservative to actively evaluating and investing in capital expenditures. This indicates potential accelerated growth opportunities in the future for digital printing services and enterprise user services.
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