Company Report
Last edited 2 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#168
Performance (43m)
-17.6% pa
Followed by
156
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#20.9% voting power 28/3
stale
Added 2 years ago

Yesterday at 3:09pm DSE put a 'Change of Substantial holding' notice on the ASX from Topline Capital Partners LP. Their voting power increased from 19.8% to 20.9%.

Here is a link to 'Th Allens Handbook on takeover in Australia~ the 20% Rule...

https://content.allens.com.au/the-allens-handbook-on-takeovers-in-australia/the-20-rule/

I look forward to what happens next, if anything.?

Disc~ Held

#ASX Announcement 20/1/20
stale
Added 3 years ago

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

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