CRO 2.33% 8.8¢ cirralto limited

Ann: Quarterly Activities Report, page-2

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  1. 6,851 Posts.
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    On short - The company is in strong growth and they expect to log increased profits every qrt moving forward as they log in the users.
    They also got three other franchise mobs on board. (They should begin delivering some nice numbers)
    They got some MYOB ERP customers adopting Cirralto as well. (more customers).
    I would expect some more contracts to be secured shortly. They were wanting them locked for this qrty by the looks of things, so they must be just around the corner. We should see news on those when they hit and that may increase their guidance with any luck. Nice to see profits growing so we dont need a placement.

    This is interesting.
    It is also a money machine because payments through systems like this means a clip on each transaction imo.

    'Progress the development of the payment services business to value add'.

    They are going to need to employ more people to meet the growth. CRO also seems to be close to add more service agreements to grow the revenues.
    Good report to me. Good luck.
 
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