Dubber Corp Ltd (DUBRF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, we might start now. It looks like we're stabilising on the list. So good morning everyone. Welcome to the Dover Corporations FY26 Q1 update. Andrew, if you can move on to the key messages please. So we did report positive net operating cash flow for the first time in history. excluding the exceptional cash flow items, which Andrew will talk to. Whilst there is a chunk of money in the quarterly, in the one-time exceptional cash flows, most of it's not continuing. So we don't expect that to, we expect this to be a little bit abnormal, the cash out for the quarter, and that should stabilise going forward. The group remains well capitalised with over $14.5 million of working capital. With a cash balance, it's at 30th of September of $9.5 million and our $5 million undrawn facility. During the quarter, we exited our UK property leases, finding an annual saving which will start flowing through of $2 million per annum. Cost us $300,000 to exit those leases. Our underlying recurring revenue for the quarter was $8.2 million, which is flat month on month. with the previous quarter. Now we've excluded VMO2 from that. We do still have some VMO2 revenues, but we're not going to call that recurring revenue on the basis that VMO2 are still planning to move their services away. So excluding that, we were flat and we had, and we probably, our growth has been washed a bit by another change that I'll talk about coming through. The group has signed a new partnership with Crescendo. Crescendo, why this is good, and I'm going to talk about this on a slide, but Crescendo is the third biggest UCAS provider in the US. So Microsoft Teams, Cisco, WebEx, and Crescendo is number three. That gives us a whole new market to attack and grow our business. Our communication service provider is s...