Ann: JCurve Solutions Business Update, page-4

a few interesting bits in there

Netsuite solution provider agreement expansion to include the Philippines, makes sense with the number of job vacancies advertised in the Philippines recently. Still 3 roles offered in Manilla and 1 in Singapore on the website.

Cost savings and pay freeze, incl waiving of eligible bonuses, showing good awareness given the current market conditions.

Continuing to generate "strong interest in its wholly owned Riyo solution with growing market exposure, a growing pipeline of Epicor aged care opportunities, a number of new customer wins and the highest quarter of sales despite the very challenging market conditions."  - once again have emphasized the Epicor 'opportunities' sounds like  things are working out nicely in that relationship.

looks to be a bit of a holding pattern for the australian ERP business until this covid outbreak plays its way through. Customer churn for the past 6mths will be interesting.

This comment pretty much sums things up;
"While achieving short term financial growth will be challnging given the level of uncertainty, we have continued to invest, particularly in Asia and Riyo, thereby setting up the businees up for accelerating growth in the medium term in line with our strategy."

Pleased we got another update, looks like they forecast the covid impact well from the March update, which is pleasing  seems to be less skeletons in the closet, unlike a number of other companies. As mentioned above, nice healthy cash balance, and no debt should see them well buffered for any further deterioration in market conditions.  


all IMO, DYOR etc...