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Vault Intelligence posts record breaking quarter, adding territories and offerings

Vault Intelligence (ASX:VLT) director Robert Kirtlan speaks to Proactive Investors about the safety technology company's record breaking financial quarter, as well as product development, and ongoing expansion into China and Singapore.

Kirtlan says, "we've seen record sales, we've seen record cash receipts; we're looking to build on that momentum."

The most exciting aspect of research and development currently is the Solo app with wearable technology. "We are working in collaboration with a number of telcos and parties like Samsung who have the wearables. We're really excited about this, it's been a 12-month journey so far, we're nearly there... the interest in the product I would say to you is quite extraordinary," says Kirtlan.

Quick facts: Vault Intelligence Ltd

Price: 0.43 AUD

ASX:VLT
Market: ASX
Market Cap: $55.04 m
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Vault Intelligence 'buoyant' with record quarterly results and advanced...

Vault Intelligence Ltd (ASX:VLT) chief executive officer David Moylan updates Proactive Investors on the software company's record quarterly results.   Contracted annualised recurring revenue (CARR) growth was $542,000 for the March quarter, lifting total CARR to $4.77...

on 24/4/19

2 min read