Background screening and verification company, CV Check Limited (ASX: CV1) has announced its March Quarterly 2020 results reporting 6% rise in revenue to $ 3.3 million, which comprises nearly $ 2.4 million revenue from B2B segment and $ 0.9 million from the B2C segment. This is despite the events impacting Australia, New Zealand and globally in recent months due to COVID-19.
The Company’s Booked Annualised Recurring Revenue (ARR) has increased to $ 10.2 million, exceeding $ 10 million for the first time. CVCheck’s balance sheet remains strong with cash at bank $ 4.9 million as at 31 March 2020 with no debt.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.
