CRO 2.33% 8.8¢ cirralto limited

Can't see any need for a cap raise at all? Of course promises...

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    Can't see any need for a cap raise at all?
    Of course promises must be delivered on


    Highlights:
    • Name and ASX code change from Motopia Limited (ASX: MOT) to Cirralto Limited (ASX: CRO) in November 2017
    • Board upgraded the Company’s target revenue for FY18 from $2.5M to $4.2M
    • Circa 100% growth in revenue from previous year
    • Strong growth forecast for remaining half year
    • Letter of Intent (LOI) signed with Swedish smart payments company West International AB
    • Contracts signed with a number of new customers including national franchise groups
    • Rollout of eCommerce and modernisation solutions ongoing
    • Pilot projects ongoing with more national franchise groups and retail operations joining the pilot phases • Partnership with Telstra continued to deepen with engagement over several vertical markets
    • Sales strategy development continued into new channels with strong engagement into accounting and financial management software providers
    • Due diligence continued into the development of a separate business unit to take advantage of merchant acquiring and payments opportunities
 
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Currently unlisted public company.

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