Ann: Commitments Test Entity - First Quarter Report-DUB.AX, page-5

Dubber SaaS sales are continuing to grow and with several telcos signed up starting to connect users, it is expected to continue to accelerate at a much higher rate this quarter.

The cash receipts in the quarter reflect the Company’s decision to provide credits to two of its customers who have been billed at a contracted rate although the service had yet to be deployed at the time.
These credits have been agreed for commercial reasons with long-term customers.

The revenues billed for the quarter were $171,200.

The Company through its recently signed agreements will see its monthly revenue increase over the quarter by approximately $60,000 as the users are connected with any further agreements increasing this amount.