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24/08/16
09:53
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Originally posted by Jackpot
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SP already priced in as it is , overall good report , many don't understand that 1pg works on a 90 day payment .
Key Highlights
Q2 2016 revenue up 89% over Q1 2016 revenue. First half revenue has surpassed full year 2015 revenue. Average Revenue Per User* (ARPU) is up 67% quarter over quarter (QoQ).
100% of clients have been migrated to the back end of the Source 3.0 Solution, resulting in a significant reduction in pool delivery time from 3-5 days to hours.
Operating expenses for the quarter decreased from Q1 2016, averaging less than U$1m per month on a total cost basis.
1-Page remains in a strong financial position, with cash and financial assets totaling A$37.8m as at 31 July 2016.
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I agree with Jackpot.