Business
AGM Trading update
AGM Trading update.
About this update from Getbusy Plc
[{"type":"text","content":"\n \nRNS Number : 6496X GetBusy PLC 01 May 2019 \n\n1 May 2019\nGetBusy plc\nAGM Trading update\nGetBusy plc (AIM: GETB) (\"GetBusy\" or \"the Company\"), a leading developer of document management and productivity software products, is pleased to provide an update on trading ahead of today's AGM, to be held at 11am at the offices of Grant Thornton, 30 Finsbury Square, London, EC2P 2YU.\nPerformance in the first quarter of the current financial year has been in line with the Board's expectations and our expectations for the full year remain unchanged. Each part of the business is performing well. \nWe have increased our investment in UK sales and marketing capabilities for our cloud-based SmartVault product and we continue to build brand presence and a base of subscription customers in the smaller accounting and bookkeeping market. The migration to the Amazon Web Services environment, which significantly improves the scalability, security and stability of the product, is now complete and the platform performed well during the recent peak US tax season.\nFor Virtual Cabinet, we have recently launched a mobile app which offers a cloud-like experience for users and delivers significant additional value into the existing customer base, making much of the functionality available to remote workers without the need for conventional VPN connections.\nWe have continued to invest in beta user acquisition for our GetBusy product and have been pleased with the results so far. We have now reached the important milestone of having active customers (albeit currently on non-paying plans) from whom we can understand precisely how the product is delivering tangible value to business communication and workflows. The technology stack we have built around GetBusy provides us with valuable insight into the user journey and detailed data from which we are iterating the product and value proposition. \nENDS\nGetBusy plc\nDaniel Rabie (Chief Executive Officer) +44(0) 845 166 1165\nPaul Haworth (Chief Financial Officer) ...