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Netlinkz Ltd nearly triples cash receipts from customers in FY21


Netlinkz nearly triples cash receipts from customers in FY21
The technology stock advanced its proof of concept work and focused on bringing its secure tech solutions to markets across the world, making three key senior appointments over winter.
Netlinkz has unveiled its June quarter results for the 2021 financial year.
Netlinkz Ltd (ASX:NET) rounded off the 2021 financial year with around $15 million in customer receipts nearly triple the cumulative result tabled at the same time last year.
Over FY21, the technology stock’s unaudited revenue increased roughly 174% on the previous financial year, with around $2.7 million brought in over the June quarter. ....

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Paytech market updates: HPS, Klarna and Verizon lead in partnerships

Paytech market updates: HPS, Klarna and Verizon lead in partnerships
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Netlinkz Ltd reports 85% hike in quarterly group revenues with Asia leading growth; sees stronger June quarter


Netlinkz reports 85% hike in quarterly group revenues with Asia leading growth; sees stronger June quarter
The company is expecting a stronger fourth quarter due to the seasonality of revenue, with a growing proportion coming from recurring revenue.
Cash at the end of the quarter was $3.1 million, with a further $5 million available in finance facilities.
Netlinkz Ltd (ASX:NET) saw group revenues in the third quarter of financial year 2021 rise 85% to $2.9 million over the corresponding period of 2020 with Asia continuing to lead the growth, particularly China
The company is expecting a stronger fourth quarter of FY21 due to the seasonality of revenue, with a growing proportion coming from recurring revenue. ....

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