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

MT Newswires Live

Jan 28, 2025

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.

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