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#ASX Announcements
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Added 3 years ago

Quarterly Report Q3 FY21

Q3 Highlights

? Record Customer Growth o New contract wins 1 in Q3 FY21 up 29% year on year (YoY)

? Record customer 2 numbers of 3,210 total, up 18% YoY

? Continued Revenue Growth o Total revenue 3 of $9.0m, up 13% YoY and 7% quarter on quarter (QoQ), $8.4m in Q2 FY21 o ARPA 4 stable QoQ at $1,032 amongst significant growth

? Positive Cash Flow o Cash flow positive with return to strong cash flow from operations of $2.1m, up 69% YoY (-$2.3m in Q2 FY21)

? Zero debt with cash balance of $21.7m

? Additional growth contributors

? Significant growth in the ecommerce channel, contributing 26% of the total increase in active customers in Q3 FY21.

? Major new features to be launched including workflow and project management coming in Q4