Key highlights during the quarter:
- Customer receipts increased by 24% on previous quarter from $1.240m to $1.537m
- Quarter-on-quarter receivables have increased in line with business growth
- Signed contract with major global professional services firm
- Renewed existing contracts and signed new customers in the education sector
- Successful sale of Sonar/MyNet IP to Family Zone Ltd (ASX: FZO) for $3.8m in cash and shares
- Established platinum partner relationship with global provider AlienVault
- Signed strategic funding / rental arrangement with Dell Financial Services
Tesserent Limited (ASX:TNT) is pleased to deliver the December Quarterly Financial and Activities Report, highlighted by a 24% increase in quarterly receipts, several new business contracts signed, the completion of the Sonar/MyNet IP sale and the signing of a strategic partnership with Family Zone Limited (ASX:FZO).
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