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Ann: Appendix 4C - quarterly, page-7

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mode1971

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29/04/20

16:16

Post #: 44329480
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Originally posted by Value17: ↑

Announcement of the signing of school groups and scaling verify I see as the big catalysts.

This is interesting -

“As part of its global growth strategy, Schrole has been in discussions with a number of large, multi-national, education software groups to promote the Schrole suite of HR services and to discuss potential partnerships. Shareholders will be updated on these discussions as appropriate."

My guess is that refers to the scaling of Verify. The automation of this process is a no brainer for schools and the product can be aimed at all schools requiring this service, not just existing schools on the Schrole platform. Since it is a legal requirement for schools to get all staff background checked every two years and Schrole are the first to automate this process, the potential is huge.

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Last qtr there was talk, but its not carrying across to the cash flow. 2 qtrs in a row show stagnation.

An entire year has passed, all these sign ups and just 1. 2% more receipts in the door q1 2020 over q1 2019.

Thats 52 weeks for just 1.2% growth.

SCL Price at posting: 1.1¢ Sentiment: Sell Disclosure: Held
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1 Great analysis

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