Beonic Ltd (ASX:BEO)

A$ 0.32 0.287 (869.7%) Market Cap: 21.62 Mil Enterprise Value: 24.86 Mil PE Ratio: 0 PB Ratio: 33.00 GF Score: 43/100

Q4 2023 Skyfii Ltd Activities Report Call Transcript

Aug 08, 2023 / 04:30AM GMT

Release Date Price: A$0.04 (-20.00%)

Transcript

Operator

Good afternoon, everybody, and welcome to Skyfii's Fourth Quarter FY '23 Results Presentation. With me today Wayne Arthur, CEO; and John Rankin, COO. Wayne and John will give a presentation, and there'll be time for Q&A at the end of the presentation. (Operator Instructions) So with that, I'll hand it across to you, Wayne.

Wayne Arthur

Skyfii Limited - Co-Founder, CEO, MD & Executive Director

All right. Thanks, Craig. Good afternoon, everybody. Welcome to the fourth quarter results for the 2023 financial year. My name is Wayne Arthur, CEO and Co-Founder. .

So we have concluded another successful year for the business and are pleased to have concluded the year with positive recurring revenue and ARR growth, positive EBITDA for the second half and having successfully converted a series of long-term contracts with a host of new blue-chip customers.

So we'll kick in to Slide #2. And firstly, just to the results. So the company delivered recurring revenues for Q4 FY '23 of $4.2 million, which was up 10% on the previous corresponding

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