K2fly Ltd (ASX:K2F) has raised invoices of $1.67 million for the December quarter, more than double that of the previous December quarter.
The company sells its own software (RCubed and Infoscope), resells third partys software, and provides experienced consultants to clients using the software.
The December quarter is the best quarterly result to date achieved by the company.
The growth is the results of new contracts being signed such as with Rio Tinto, Nexa Resources, Teck Resources, and Westgold Resources.
Annual recurring revenue (ARR) grew by 40% in the quarter to >$1.4 million and total contract value (TCV) grew by 188% in the quarter to >$3.5 million.
Growth expected to continue
K2fly noted that significant progress is being made with other prospective clients including paid work in advRead More – Source
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