Breast cancer AI firm Volpara sees strong cash receipts

Tue, 28 Jul 2020

ASX-listed Volpara Health Technologies collected its highest quarterly cash receipts since listing in 2016. Wellington-based Volpara, which focuses on early detection of breast cancer using artificial intelligence, said it received nearly $5.0 million in the first quarter to June 20, up 112 percent on the year. It was the fourth straight quarter with cash receipts over $4.5 million. “Q1 saw the emergence of covid-19, but we’re very heartened by the strong cash receipts, negligible churn, and the fact that we got a significant number of n...

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