Quarterlies Top 6: Here are the best performers on the ASX today
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Today is the deadline for ASX companies to lodge their quarterly reports – and Stockhead has recapped the best performers.
PPE equipment is apparently still a good place to be in. Although it has been more than a year since COVID-19 broke out, the company has previously said PPE requirements will be here to stay.
The company’s order book is filled up until December 2021; it opened two new production lines during the quarter with another two to come in the September quarter.
It told shareholders its revenues were up 31 per cent quarter on quarter to $16 million and will be paying its inaugural dividend of 0.18 cents per share.
While PPE was a good place to be in when COVID-19 first broke out, serviced offices was arguably one of the worst.
But the company says it’s seeing people return to offices. All states are over 50 per cent and New South Wales is averaging 70 per cent capacity.
It made $4.2 million in cash receipts from customers, reported business enquiries month on month grew 39 per cent and estimates a return to profitability in the next financial year.
Speaking of industries returning to normal, liquid fuels, construction and gas energy are three more of them and engineering firm EVZ is reaping the benefits.
EVZ reported positive quarterly cash flow of $1.5 million and it noted that operating conditions are returning to normal following constraints endured in 2020.
It also says it expects more projects to come in the coming months thanks to the government’s $200m grants scheme for the diesel storage sector.
The HR software firm, until recently known as Nvoi, surpassed $208,000 in total contract value for SMB SaaS agreements. That’s up 51 per cent quarter on quarter.
It also reported $2.35 million in cash receipts, which was slightly up from the prior corresponding period, as well as an 18 per cent decrease in operating expenses.
This is another cloud-based software stock but specialising in call recording and voice intelligence. Its Annualised Recurring Revenue grew $5.6 million to $34 million which is 20 per cent growth quarter on quarter and up 158 per cent compared to the prior corresponding period.
Its revenues rose too, to $6.6 million which was also up over 150 per cent from the prior corresponding period. It now boasts over 380,000 users.
The company also updated shareholders on its recent collaboration with American telco AT&T, noting it expected the Dubber platform to be live on additional AT&T networks in the short and medium term.
This company makes supercharger engines for automobiles and recently recapitalised.
The company reminded shareholders it now has $6.5 million courtesy of the deal and since then it acquired the remaining 50 per cent of a production facility in Malaysia it formerly operated as a joint venture.
It is now working on a new supercharger system to suit the Toyota Tacoma 3.5 V6 pickup truck range – a popular car for off-road use – and hopes to begin sales in November.
At Stockhead, we tell it like it is. While Sprintex is a Stockhead advertiser, it did not sponsor this article.