Releasing its 2018 investor report on Wednesday, Dubber (ASX:DUB) said 19 new service providers had agreed to take the Dubber Platform during the quarter – compared to 38 existing agreements secured over a 30-month period.
Dubber had previously announced that it had been chosen to provide the recording service for the Cisco/BroadCloud platform, and said this had encouraged service providers to sign agreements for provision of service by Dubber directly.
The company said in a statement that it believed integration of the Dubber Platform into as many telecommunications networks as possible was a key metric for future and continued success.
Dubber’s report for the period ended 30 September reveals the company has 44,420 users, representing 51% growth on the previous quarter and 333% growth on the previous year’s corresponding quarter – September 2017.
Investment highlights cited by Dubber include:
- Nineteen new telecommunication service providers agreeing to deploy the Dubber Platform, growing the number from 38 to 57;
- Number of telecommunication companies at the stage of billing increased from 23 to 29;
- Dubber active users now over 44,000;
- Subsequent to quarter end Dubber and IBM announced a combined solution –Cognitive Call Listening and Recording (CCL&R);
- Active user numbers increased 51% from 29,405 in the previous quarter to 44,420;
- Revenue increased $163k (29%) from $554k in the June 2018 quarter to $717k in the September 2018 quarter; and
- Revenue increased 367% on the previous year’scorresponding quarter (September 2017).