Highlights
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$10.5m quarterly sales revenue – up 98% YoY
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Quarterly processing revenue up 123% YoY
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Remain confident of progress on restricted banking licence
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Shift to monetisation phase continuing
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New services continue to move into commercialisation phase
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Acquiring, Issuing and Cross Border customer bases and revenues increasing strongly
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Quarterly cash requirement decreases another 10%
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$14.5m cash available with further $12.8m expected shortly
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