The company's total recurring revenue, which gives better earnings visibility, increased 3% y-o-y to RM278.1 million, which accounts for more than 70% of the total.
“We continue to see strength in all our core revenue segments and we remain confident of our prospects going into the second half of the financial year," says group managing director Andrew Tan.
"There continue to be multiple macroeconomic risks and local complexity that potentially can affect our growth trajectory; however, we are prepared and have the right mix of products and project delivery to meet these challenges.
"Our financial position remains robust and we are progressing well on the execution of our strategic plans," says Tan.
See also: Creative guides for ‘similar level of operating loss’ for 2HFY2025
Separately, the company announced it has won contracts worth a total of RM145 million from customers in 2QFY2023.
Silverlake Axis shares closed unchanged at 37 cents on Feb 14.
