Quarterly activities report and Appendix 4CRecord Quarter Across All Key Metrics
Highlights
? Annual Recurring Revenue (ARR1 ) of $8.46m, a 20% increase on the prior quarter and a 78% increase on previous corresponding period (pcp) on a constant currency basis
? Users increased to 431k up 14% quarter on quarter and 49% on pcp
? Monthly APRU of $1.64 up 5% quarter on quarter on a constant currency basis
? Normalised Cash used in Operations2 decreased 22% quarter on quarter to ($0.20m)
? DSE ended the quarter with $2.48m cash and is well funded ($2.89m September 2020) ? Decreasing cash burn rate, and expansion of product offerings and growing ARR, anticipated over the course of 2021 as DSE moves steadily towards profitability and cashflow breakeven
*Includes NO Govt grants or Tax incentives
Disc; I hold