Beonic Ltd (OTCPK:SFIIF)

$ 0.0023 -0.0014 (-37.84%) Market Cap: 12.56 Mil Enterprise Value: 15.13 Mil PE Ratio: 0 PB Ratio: 31.00 GF Score: 0/100

Q2 2020 Skyfii Ltd Earnings Call Transcript

Feb 03, 2020 / 11:30PM GMT

Transcript

Operator

Thank you for standing by, and welcome to the Skyfii Limited Quarterly Results Call.

(Operator Instructions) I would now like to hand the conference over to Mr. Wayne Arthur, Chief Executive Officer. Please go ahead.

Wayne Arthur

Skyfii Limited - Co-Founder, CEO, MD & Executive Director

Good morning, and thank you all for making the time to join us today. Welcome to the financial year 2020 second quarter results presentation to Skyfii.

I'm joined today by Skyfii's Chief Operating Officer, John Rankin; and our investor relations consultant, Heidi Lord. We're thrilled to present another strong quarter of growth, which has allowed us to deliver our strongest first half result to date.

Key highlights for the quarter. The company delivered a 20% quarter-on-quarter revenue uplift versus Q1 of FY '20. We also drove recurring revenues up by 13% quarter-on-quarter and 94% when we compare to the previous calendar period, Q2 of FY '19. During the quarter, we welcomed a new institutional investor to our register through a placement of $2

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