NOV 0.00% 5.0¢ novatti group limited

Direct from the article I posted above Cloud revenue from the...

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    Direct from the article I posted above

    Cloud revenue from the Reckon's business group division — which is separate from its practice-management products and incorporates things like its Reckon One small-business accounting software product, its point-of-sale software and its payroll software — increased by 8 per cent to 45 per cent of the division's revenue, with the number of cloud users now exceeding 54,000.

    It was also a good year for the company's Reckon Loans platform (powered by Prospa), which hit $18 million loaned in December.Mr Allert said he was confident he could return Reckon to revenue growth this year."That's my whole focus...we know why revenue didn't grow in 2018. We just didn't get new business and we got a normal level of attrition," he said.

    Maybe some cross selling opportunities? one thing is for sure i'm very intrigued as to what the stratergy is here.

 
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