N2N Connect’s revenue profile stabilises

PETALING JAYA: N2N Connect Bhd revenue profile seems to have stabilised to one with a stronger mix of recurring revenue of about 90% versus variable revenue of about 10%.

In the near-to-medium term, TA Research said the potential catalysts for N2N includes the launch of the Asia Trading Hub, which is expected to commence pilot phase in the first quarter of 2024 (1Q24), and a new trading platform, scheduled for launch in the second half of 2024 (2H24).