Stonking Small Caps: record results
Cloud-based phone systems, offering the flexibility to work anywhere, have accelerated the need for robust secure cloud-based payments technology. Working with both public and private sector organisations, this rapidly growing business continues to deliver impressive revenue growth as it supports a large and rapidly changing sector, where security and compliance is paramount. It's yet another Stonking Small Cap which could go on to deliver attractive long term rewards for investors. Strong growth in revenue for its last financial year and an expanding partner eco-system bode well. Read on here for our thoughts on the latest results and outlook.
This company's technology enables contact centres to process credit and debit card payments securely. It may not occupy the most glamorous corner of the tech world and the business is currently loss-making, but its recurring Software as a Service (‘SaaS’) revenues are growing fast. Given low customer churn, high gross margins and a relatively fixed cost base it looks to be rapidly closing in on cash flow break-even and profitability as you can discover here. The Contact Centre SectorOver the past 30 years the contact sector has grown to become a major source of employment. According to ContactBabel in 2017 more…