Dubber SaaS sales are continuing to grow and with several telcos...

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.