iSignthis Ltd (ASX:ISX) declared business activity report and its 5th consecutive positive quarterly operating cashflow with $1.6 million quarterly result. Highlights include:
- Unaudited operating NPAT stood at circa $660,000 for the first half 2020
- Cash balances stood at $16.1 million at the end of 2Q20, with a decline of 1.3 million due to $1.5 million investment in NSX Limited during the period
- Receipts from customers were down circa 20% from 1Q20 to $8.4 million while client funds held fell to circa $82 million in 2Q20
- Unaudited revenue stood at circa $7.7 million and percentage of revenue obtained from online video gaming stood at 46%, followed by options/FX and credit providers at 13% and 9% respectively.
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