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