Invigor Group (ASX:IVO) has signed three new contracts that are expected to add by the end of 2015 $200,000 to its revenue with no change to cost base.
This revenue will strengthen the analytical capability of the company’s Insights Retail and Insight Visitor solutions.
The contracts from new and existing clients are in addition to the monthly subscription access fees paid to access Invigor’s platform.
Invigor had operating revenue of $3.4 million and EBITDA of $106,000 for the half-year ended 30th June 2015.
Late last month, it signed a 12 month contract with a major International brand to deploy its Insights Retail platform, delivering recurring monthly incremental revenue without additional cost impact.
In August, it raised $4.8 million through a placement of shares priced at $0.085 to sophisticated and professional investors.
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