Current quarter is by the far typically the strongest of the financial year, traded closer to around 2 cents around this time last year. CR out the way, lets see if they can actually deliver for investors which would be a welcome change , quarterly to be released within 4 approx weeks.
Schrole Group (ASX:SCL), has just delivered a strong year-on-year growth in sales, underpinned by record sales of the Connect platform in November.
The company has seen strong demand for its flagship Schrole Connect from international schools, particularly after the release of the new Connect 3.0 software version.In the year to date (January to November), invoiced new sales to international schools were US$734k, a 9% improvement on 2020, and a 13% increase on 2019.
Of that, the month of November saw record invoiced new Connect sales of US$104k, a significant increase of 32% from November 2020, and 19% higher than November 2019.
Importantly, the renewal rate for the Connect platform was 90% year-to-date, the highest ever rate on record.These events have contributed to 18 new Schrole Connect customers being signed up from geographically diversified countries across Asia, Middle East, Europe, Africa and the Americas.
Given the successes of previous events, Schrole has now scheduled an additional three recruitment events through to February 2022.
