Dubber Corporation Limited (ASX: DUB) has released its Q4 FY23 Appendix 4C and Quarterly Activities Report. During Q4 FY23, the company saw outstanding growth, with Adjusted Recurring Revenue surging to AU$8.8 million, an 18% increase from Q3 FY23 and a remarkable 34% year-on-year growth. The total revenues for FY23 reached AU$30.0 million, showing a substantial 23% increase compared to FY22.
Operating cash receipts for the quarter hit a record AU$10.2 million, reflecting a significant 26% rise from Q3 FY23, and a total of AU$36.1 million for FY23, demonstrating a commendable 21% increase over the previous corresponding period. Dubber Corporation has secured approximately AU$3 million in additional revenues for FY24 through existing communication service provider agreements, showcasing a strong commitment to continued growth. As of 30 June 2023, the company maintained a robust cash balance of AU$32.9 million, providing a solid foundation for future growth initiatives.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 22, 2024
Oct 21, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
