“In the last year or so we have grown the Software as a Service business which is really what most of our investors are looking at. With recurring revenue streams, that’s the part they value” said K2Fly’s CEO Nic Pollock in an investor briefing last week.
“Last quarter we had an exceptional quarter to finish the year, with more than AUD$500,000 net new software annual recurring revenues (ARR) on top of our existing revenues, which gave us a really lovely 177% compound annual growth rate (CAGR) in our Software as a Service business” Mr Pollock said.
“The COVID crisis has not really impacted our business, in particular if you look at our Q3 and Q4 results we have continued to sell and deliver our solution as we can deliver remotely to our clients wherever they might be in the world” Mr. Pollock said.
31st May 2024
8th May 2024
4th May 2024
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