Feb 20, 2024 / 11:00PM GMT
Sui Hee Simon Lee - Urbanise com Ltd - Chief Executive Officer, Executive Director
Good morning, everyone, and thank you for joining us for the presentation of Urbanise's H1 FY 2024 results. With me today is Michelle Garlick, our interim CFO, who joined Urbanise a couple of weeks ago. I'd like to thank our outgoing CFO, David Goldbach, for his contribution to the company, and I wish him all the best for the future. I look forward to working with Michelle and thank them both for [delivering] a smooth handover. As we announced 2 weeks ago, the Board and I will be seeking to appoint a permanent CFO in due course.
Urbanise is a leading provider of cloud-based platform to strata and facilities managers in Australia, New Zealand and parts of the Middle East and Asia. As of January 2024, the business had AUD 12.8 million in contracted annual recurring revenue or CARR, and 92% of total revenue came from recurring license fees. Both our strata and FM platforms are extremely sticky, with a combined customer retention rate of over 99%. We have an extensive global footprint with a presence in 17 countries,
Half Year 2024 Urbanise com Ltd Earnings Call Transcript
Feb 21, 2024
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