$11m cash in the bank = 2.5 years cash burn at current rates
Recurring revenue up 53% to $10.9m per year
Gross margins up to 84% from 81% last year
On track to hit $12.9m recurring revenue by end of CY2017
Only negative is customer retention which slipped to 88% from 92% but expected to improve.
$11m cash in the bank = 2.5 years cash burn at current rates...
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Mkt cap ! $135.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1444110 | 18.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 30078 | 2 |
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