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ADP doing 15 billion a year. Good sector of tech software to...

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torrens197

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28/01/21

22:28

Post #: 50520134
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Originally posted by TheMarketHerald: ↑

Business process outsourcer PayGroup (PYG) achieved record sales growth across all business sectors in Q3 FY21
The company received record cash receipts of $4.6 million, a 48 per cent increase on the prior corresponding period Additionally, the company signed a total contract value (TCV) of $2.8 million, an increase of 115 per cent over the $1.3 million signed in Q3 FY20
Pleasingly, PayGroup delivered positive operating cash flow of $632,000, with funds coming from customer receipts as well as government grants and tax
As of December 31, PayGroup had a cash balance of just over $4.9 million

Read the full article on The Market Herald here.

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ADP doing 15 billion a year. Good sector of tech software to shake up. ADP is the gorilla. Go PYG. I like their ASX code too
PYG Price at posting: 63.5¢ Sentiment: Buy Disclosure: Not Held
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ADP doing 15 billion a year. Good sector of tech software to...

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