"Just released its most bullish quarterly in a very long time with $1.7 million in receipts• Increased quarterly cash receipts growth rate of +44%, from September to December Quarter to ~$1.7m"
The December Quarter is always the strongest due to it aligning with peak recruitment season. So a fairer comparison would be to previous December Quarters. Cash receipts compare as follows:Dec Quater FY21: $1.7 million
Dec Quarter FY20: $1.6 million
Dec Quarter FY19: $2.1 million
As an aside, and perhaps it only serves as novelty value, but the Schrole Connect customer numbers released in yesterday's quarterly don't align with those visible in the candidate facing database.
From yesterday's announcement:
"Customer numbers for Schrole Connect, the Company’s flagship product, increased by 4% from 432 in September Quarter 2021 to 451 in December Quarter 2021"
Using a 'search all schools' function, my numbers were as follows:September Quarter 2021: 419December Quarter 2021: 427Yesterday (January 31): 435
The 'all schools' search result includes schools that have zero positions advertised. Yesterday I emailed investor relations to enquire about the reason(s) for the discrepancy. I am curious as to why those schools are not visible to community members.
