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CV Check fields record October sales driven by new client wins and strengthening demand

The strong month in October follows the company's best sales for a September month on record.

CV Check Ltd - CV Check achieves best sales for an October month on record, boosted by new client wins, strengthening demand
CV1 is also announced a number of notable client wins

CV Check Ltd (ASX:CV1) achieved its best sales for an October month on record boosted by first orders from recent new client wins and a broad-based strengthening of demand across its client base. 

This follows on from its best sales for a September month on record. 

‘Tailwinds continue to build’

CV1 also announced a number of notable wins such as Korn Ferry (NYSE:KFY) (FRA:KFY), UDC Finance and TSB Bank in New Zealand and ASICS Corp (OTCMKTS:ASCCF), Ryderwear and an AECOM (NYSE:ACM) (FRA:E6Z) recruitment project in Australia. 

CV Check chief executive officer Rod Sherwood said: “Tailwinds continue to build with New Zealand and Victoria exiting their recent lockdowns.

“However, a seasonal slowdown usually affects our order flow late in each second quarter as the year-end holiday period commences.

“We are also closely monitoring the COVID situation given adverse developments offshore and assessing any potential flow-on impacts to our sector.”

The company is growing revenue streams through the provision of its check products to employers, industry associations and individuals via the CVCheck brand on its proprietary online platform cvcheck.com.

Quick facts: CV Check Ltd

Price: 0.18 AUD

ASX:CV1
Market: ASX
Market Cap: $52.6 m
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