Tambla Appendix 4C – 3rd Quarter 2019

Print

24 October 2019

Tambla Delivers Another Positive Operating Cashflow Quarter

Tambla maintained its track record of delivering stable and predictable recurring revenue streams from its long-term customer contracts which again resulted in another operating cash flow positive quarter.

  • Fourth consecutive Operating Cash flow positive quarter with seven out of the last eight quarters positive
  • Receipts from customers for the quarter steady at ~$2.3m
  • Cash at end of quarter was $665,000
  • First revenue received from FY2019 product development program
  • Leading Australian logistics provider implements Insights, Tambla’s new Business Analytics product
  • First US based customer implementation for the new Tambla-PayCE
  • Sales pipeline very strong in Australia, New Zealand and now the United States – underpinned by continued take-up of new and existing products
  • Predictive recurring revenues & controlled cost base expected to continue to deliver positive operational cashflow results

The full 4c Announcement can be viewed here

Book A Free Demo