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Cirralto has "good launchpad heading into next quarter"

Cirralto Ltd (ASX:CRO) chief executive officer and MD Adrian Floate speaks to Proactive about its quarterly update to the end of June with encouraging signs of post-COVID-19 recovery.

Cirralto is a software-as-a-service company with fully integrated payment systems such as its recently announced SpendaCollect service, enabling customers to track, group and batch-pay their invoices simultaneously.

After recording a 50% downturn in revenue Floate said the company started to recover through May and June with average revenue per user numbers increasing by nearly 400%.

He said: “We’re very pleased with how things ended and I think we’ve got a good launchpad heading into the next quarter.”

Quick facts: Cirralto

Price: 0.051 AUD

ASX:CRO
Market: ASX
Market Cap: $81.19 m
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