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Cirralto has "good launchpad heading into next quarter"

Cirralto Ltd (ASX:CRO) chief executive officer and MD Adrian Floate speaks to Proactive about its quarterly update to the end of June with encouraging signs of post-COVID-19 recovery.

Cirralto is a software-as-a-service company with fully integrated payment systems such as its recently announced SpendaCollect service, enabling customers to track, group and batch-pay their invoices simultaneously.

After recording a 50% downturn in revenue Floate said the company started to recover through May and June with average revenue per user numbers increasing by nearly 400%.

He said: “We’re very pleased with how things ended and I think we’ve got a good launchpad heading into the next quarter.”

Quick facts: Cirralto

Price: 0.014 AUD

ASX:CRO
Market: ASX
Market Cap: $16.04 m
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Cirralto raises $2.7 million to support transition to digital payments business

Cirralto Ltd (ASX:CRO) managing director Adrian Floate discusses a strongly oversubscribed placement raising that will support the company's ongoing transition to a digital payments company. He said: "We set out to raise $2 million and after receiving strong demand, decided to take...

14 hours, 1 minute ago

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