Making excellent progress. Very happy with this:Financial...

Making excellent progress. Very happy with this:

Financial Highlights
• Strong quarterly performance revenue of $6.9m, up 66% on (PCP)
• Highest ever monthly revenue in March 2021
• ARR at 31 March of $33m, up by 98% on (PCP)
• Operating cash receipts of $7.2m for the Quarter
• Record Gross Margin: on a year to date (YTD) basis has now expanded to 81% from 67% (PCP)
• YTD EBITDA Margin of 20%, up from 15.3% (PCP)
• Improve financial flexibility with new $20m debt facility1

Other Highlights
• 30 new clients acquired during Q3, taking YTD new clients to 102
• The synergies target from the Vault acquisition of $5.2m has been further upgraded and is now finalised at $6m
• Active user numbers increased by 61% to 689,000 from 427,000 (PCP)
• Enterprise Protection Platform (EPP) positioning received positively by existing and potential clients