- Call recording software company Dubber Corporation (DUB) tables $6.6 million in revenue for Q1 FY23, down three per cent on the previous quarter
- Cash receipts increased 42 per cent on the June quarter to $9.5 million while operating cash costs increased to $20 million
- In the quarter, DUB reached an agreement with Ziggo, the operating brand of Vodafone Netherlands, for the supply of its services for its Unified Communication networks
- Agreements were also reached with major UK service provider 3, and Microsoft Teams calling service provider NTS
- Shares in Dubber are down 2.86 per cent and trading at 34 cents at 1:55 pm AEDT
Call recording software company Dubber Corporation (DUB) tabled $6.6 million in revenue for Q1 FY23, down 3 per cent on the previous quarter but rose 10 per cent year-on-year.
Cash receipts increased 42 per cent on the June quarter to $9.5 million, while operating cash costs increased to $20 million.
As of September 30, Dubber had $73.87 million in total available funding, representing 7.2 quarters of use if spending levels remain the same.
In the quarter, Dubber reached an agreement with Ziggo, the operating brand of Vodafone Netherlands, for the supply of its services for its Unified Communication networks.
Agreements were also reached with major UK service provider 3, and Microsoft Teams calling service provider NTS.
“During the quarter, we finalised the development of the core range of AI-driven services based on Dubber Notes. The services will include entry level versions of Dubber Notes and can be embedded as a standard feature into the offerings of our Service Provider partners on a Foundation basis,” CEO and Managing Director Steve McGovern said.
“The company is also focussing on strengthening its accounting and finance capability in line with the growth of the operating business as a whole.
Dubber said it’s also consolidating relationships and offerings with highly regarded services providers across Australia, the UK and North America.
Shares in Dubber were down 2.86 per cent and trading at 34 cents at 1:55 pm AEDT.