VHT volpara health technologies limited
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News: VHT Volpara Health Technologies Posts FY Total Revenue From Customer Contracts Of NZ$12.6M

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    29/05/20
    09:45
    Post #: 44910883

    May 29 (Reuters) - Volpara Health Technologies Ltd (VHT) :

    • FY TOTAL REVENUE FROM CUSTOMER CONTRACTS UP 153% TO NZ$12.6M
    • NET LOSS FOR YEAR ATTRIBUTABLE NZ$20.3 MILLION VERSUS LOSS OF NZ$11.7 MILLION
    • VOLPARA HEALTH TECHNOLOGIES SEES IMPLEMENTATION OF VARIOUS INITIATIVES TO RESULT IN REDUCED NET CASH OUTFLOWS FROM Q2FY21 ONWARDS
    • EXPECTS CONTINUED GROWTH IN SUBSCRIPTION REVENUE IN FY21
    • VOLPARA HEALTH TECHNOLOGIES SEES INITIATIVES TO YIELD COST SAVINGS/REDUCTIONS OF 10- 15% ON ANNUALISED OPERATING COSTS
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