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K2fly delivers robust March Quarter 2020 performance; Invoices Raised up 92%

  • April 30, 2020 12:58 PM AEST
  • Team Kalkine

Technology Company K2fly Limited (ASX: K2F) has reported a 92% increase in its invoices raised for Q3FY20 to $ 1.61 million from $ 0.84 million in Q3FY19 and SaaS Annual Recurring Revenue to $ 1.8 million, depicting a CAGR of 247%. This takes the Company’s total invoicing for the financial year to $ 4.73 million, which is more than the full year invoicing achieved for FY19.

Gold MTF non-AMP

K2fly’s robust quarterly performance has come on the back of new contracts signed with Golds Fields Australia, Newmont, South 32 and Vale; and signing of multiyear SaaS contract extensions with Anglo Gold Ashanti.

 


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