slooi - At 30 June 2016 Urbanise had a net cash position of $7.8...

slooi -

At 30 June 2016 Urbanise had a net cash position of $7.8 million, with no external debt or borrowings.

Global Headcount increased from 65 to 84.

Net assets of $49.5M. Current assets to current liabilities at 30 June 2016 was 4.66 times - up from 3.62 times at 30 June 2015

Strong pipeline of customer opportunities.

Strong balance sheet.

King Price is one of South Africa’s fastest growing Insurance Companies

PICA and King Price are examples of national rollouts which will capture large sections of the residential value chain.

Solid IoT technology supply chain in place and a growing list of successful trials that demonstrate savings in maintenance operations.

Launch of the Urbanise Partner Program with both technology consulting and device distribution partners.