Volpara hits 12 months of positive cashflow

Managing director Teri Thomas said the company had a record number of contracts up for renewal. (Image: Volpara)

Tue, 17 Oct 2023

Wellington-based, Australian-listed breast cancer software company Volpara Health has ticked off 12 months of positive cashflow, meaning it doesn’t have to file quarterly reports to the Australian stock exchange any more. The tech company continued to notch up revenue gains, with annual recurring revenue at US$22.5 million (NZ$36.6m) at the end of the September quarter, up from US$21.5m at the end of June. The firm generated $1.2m of positive operating cashflow in the September quarter, with $11.5m from cash receipts f...

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