Complii FinTech Solutions Says Total Group Revenue Rises in December 2024 Quarter, Shares Fall 4%

MT Newswires Live
28 Jan

Complii FinTech Solutions (ASX:CF1) said its total group revenue and other income for the period clocked in at AU$3.4 million, compared with the AU$2.2 million it reported in the prior quarter, according to a Tuesday Australian bourse filing.

The revenue and other income included a research and development rebate of AU$1.5 million.

Its annual recurring revenue increased 12.9% year on year in the fiscal second quarter.

It held total funds of around AU$3 million, including AU$193,000 in cash at bank and AU$2.9 million on term deposit, as of Dec. 31, 2024, the filing said.

The firm reported a net inflow of AU$444,000 of cash from operations for the quarter vs an outflow of AU$1.2 million for the prior quarter.

The firm's shares fell 4% in recent trading on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10