A recent addition in RL and an outstanding buy order on SM this recently listed IT firm only came to my attention by way of a post bt @Slideup

SOCO Corporation Ltd (ASX:SOC) Preliminary Unaudited FY23 Results UNAUDITED FY23 HIGHLIGHTS:

Unaudited FY23 revenue of $19.8M, up 47.5% on the prior corresponding period (pcp) and $1.3M ahead of prospectus forecast

Unaudited statutory FY23 Operating EBIT1 of $3.4M up 34.2% on the pcp • Unaudited pro forma FY23 EBIT (including public company costs) of $2.7M, lower than prospectus pro forma forecast of $3.0M

Unaudited statutory FY23 NPAT of $1.5M is 3.4% ahead of prospectus forecast of $1.4M

Strong cash conversion of 108% (before IPO cash expenses)

Cash on hand of $6.4M, 13.2% higher than prospectus forecast

Expanding client base with 4 new state government clients, and 3 new federal government organisations added

Exceptional “Great Place to Work” score of 97% achieved in June 2023, an improvement of 300 basis points over June 2022 • Sales pipeline remains strong, now with an expanded offering that includes security and AI