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ComOps completes repayment of taxation debt; focus on software management solutions

ComOps completes repayment of taxation debt; focus on software management solutions

ComOps (ASX: COM) and its subsidiaries have completed payment of all remaining debt obligations to the Australian Taxation Office following a successful asset sale and capital raising of $2.2 million.

ComOps developed and operates the “Microster” software, a workforce management system that aims to improve efficiency, productivity and flexibility, whilst reducing administrative costs.

Solutions include rostering and scheduling, labour cost management, risk management, leave management, employee self-service portals, health and safety compliance and quality analytics.

ComOps has been performing well along with the rest of the technology sector, rising 10-fold from from $0.005 in April to a high of $0.05 earlier this month, now trading at $0.03.

ComOps is a Microsoft Gold Partner with ISO 9001 accreditation and is capitalised at around $10 million.


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ComOps Ltd Timeline

August 27 2015

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