GovERP and CardHero to drive revenue growth
Filed with ASX · · 4 pages · English
Fintech company 8common Limited (8common or the Company) (ASX: 8CO), is pleased to release its financial results for the six months ended 31 December 2021 (1HFY22). Half Year Highlights: ▪ Recurring SaaS and transaction-based revenue of $1,378k, a 22% increase over the previous corresponding period (pcp, 1HFY21) as business and travel activity returned post impacts of COVID ▪ Total revenue of $1,8
Story so far
Earlier from 8Common
- $752k contract to onboard first 14 entities on to GovERP
- Life Without Barriers commences use of CardHero cards
- Significant $542k contract commences Federal GovERP rollout
- Appendix 4E and Annual Report
- Successful $3.78m capital raise to fund growth
Later from 8Common
- New combined CardHero and expense8 contract signed
- Increased activity levels deliver record SaaS revenue
- Appendix 4C and Activity Report
- Significant $575k contract continues Federal GovERP rollout
- Appendix 4E
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