Homestay Care Announced December 2019 Quarterly Report

  • Jan 28, 2020 AEDT
  • Team Kalkine

Homestay Care Limited (ASX:HSC) has announced the business update and quarterly cashflow report for the quarter ended 31 December 2019. A few highlights from the announcement are as follows:

  • The company utilises the Essence APAC IoT solutions to configure its intelligent homes.
  • HSC strengthened its relationship with Essence APAC upgrading binding heads of agreement.
  • The company has raised capital of $4 million to support sale and product growth and appointed Mr Graham Russell as Managing Director.
  • Homestay Care received $22,000 cash from sales in the quarter ending 31 December 2019.
  • HSC has now streamlined operational structure and with an integrated team to support deployment in Australia, Singapore and New Zealand.

 

 

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