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ASX announcement: revenue and EBITDA out-performs in FY19

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Whispir Team

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3 Sep 2019
1 min read
Picture of Whispir CEO Jeromy Wells sitting at a desk behind a computer.

Highlights

• Revenues up 12% to $31.1 million, $0.6 million ahead of Prospectus Forecast 

• Pro-Forma Gross Margins of 63.2%, 144bps ahead of Prospectus Forecast 

• Pro-Forma EBITDA of $(11.0) million ahead of Prospectus Forecast by $0.9 million 

• Annualised Recurring Revenue (ARR) at $31.5 million, in line with Prospectus Forecast 

• Pro-Forma NPAT improvement of $0.8 million to $(13.3) million compared to prospectus forecast period loss of $(14.1) million 

• Strong balance sheet, with net cash balances of $26.8 million 

• The outlook for FY20 continues to be in line with our Prospectus 

 

Outlook 

• Revenue is forecast to grow to $37.8 million 

• Continued cash investment in product research and development to total $8.4 million 

• Pro-Forma EBITDA is expected to improve to $(9.4) million

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