News and Announcements
iSentric June 2016 Quarter: Cash Receipts Increased 120%, Product Offerings Expanding, 2.43 Million New Paying Users
- Published July 28, 2016 2:30PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
28th July 2016, ASX Announcement
Highlights:
- Cash receipts for the June 2016 quarter increased 120% over the previous corresponding period to $3.35 million
- Management is continuing to expand product offerings in Indonesia, Thailand and Myanmar
- Successfully acquired 2.43 million new paying users during the quarter in the Digital and Media Services segment, which is ahead of the 1.5 million per quarter forecast
Cash receipts of $3.35 million for the June quarter represented the strongest quarter for the year. During the quarter the Group received a large contribution from a Malaysian telecommunications business, resulting in an 8-0% increase in recipets compared to the March 2016 quarter and 120% increase compared to the June 2015 quarter.
The operation in Thailand made a small contribution to cash receipts, while the Myanmar operation will not begin contributing to cash until the second quarter of FY2017.
To view the full announcement, please click on the button below.
To view the full results, please click on the button below.
Company Updates
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
Where’s the beef? Blackstone just answered the AI question.
In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation
For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]
Backed By Leading Investment Groups and Family Offices
