Dubber chief executive Steve McGovern said working off a starting position of monthly revenues in excess of $500k “provides for significant optimism for 2019”.
He said Dubber (ASX:DUB) would continue to focus on growth in the key areas of increasing active users (plus associated revenues) and increase the global footprint across telecommunication service providers which provide the foundation of the company’s success.
“Growing revenue has been a key focus for the company this year. December and January are often ‘embargo’ periods for network and product implementation in the service provider sector -so it was important to have a strong period leading towards the end of the year in all aspects of the business.
McGovern pointed to highlights of the year including the completion of a $5 million capital raising via placement at the end of November, managed by Morgans Corporate, with $500,000 of the placement taken up by Dubber’s leadership team, subject to shareholder approval.
He also noted the company’s attendance at Cisco BroadSoft Connections, held in Miami, Florida, in November, with highlghts including:
- A dedicated "break out session" for call recording on BroadCloud;
- Continued demonstration of current and prototype developments in the "Zoe" intelligence suite including "real-time" outcomes driven by words spoken in live phone calls;
- Substantial engagement with service providers as the company looks to grow its direct agreements from our existing 57 partnerships;
- Announcement of the Vodafone launch in New Zealand for fixed, mobile and ready government services;
- Additional opportunities for the company to accelerate service provider uptake via additional Cisco UC-focused product offerings, including Cisco HCS, Cisco BroadCloud Carrier, and Cisco Cloud Calling;
- The expansion of the BroadCloud sales channel to include the Cisco dealer/distribution network; and
- Introduction of the Cisco “Flex” program to service providers that sees the Cisco dealer network selling services in partnership with participating service providers, directly onto the BroadCloud platform.