Registry Direct: Records $286,000 in customer receipts for Dec. quarter

Registry Direct Records $286,000 in customer receipts for Dec. quarter

  • Registry Direct (RD1) reports an increase in customer receipts to $286,000 for the December quarter, up 60 per cent from the prior corresponding period
  • The company used $142,000 in the quarter with the funds primarily going towards staff, corporate and administration costs
  • RD1 said lockdowns due to the COVID-19 pandemic are presenting a number of logistical challenges for the growth of the business
  • For future operating activities, the company has $2.86 million of funding available which it expects to last 20 quarters.
  • Shares closed flat on Tuesday at 2.5 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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