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RDF - Redflex Holdings News Story

A$0.905 0.0  0.0%

Last Trade - 6:53am

Small Cap
Market Cap £76.3m
Enterprise Value £80.4m
Revenue £57.7m
Position in Universe 773rd / 1902

BUZZ-Australia's Redflex Holdings rises on strong Q2 FY21 sales activity

Fri 29th January, 2021 2:40am
** Shares of Redflex Holdings  RDF.AX  rise as much as 1.2%
to A$0.880
    ** Vehicle monitoring services provider says received new
business orders in Q2 FY21 of A$14.2 mln($10.88 mln) making new
business orders of A$33.9 million during FY21 to date*:nASX812pyd
    ** Says in addition, co had A$2.5 mln of contract renewals
in the quarter making it A$11 mln during FY21 to date 
    ** Says as a result of new wins and renewals over the
quarter, total contracted value (TCV) of projected revenue from
contracted customer base is A$315 mln
    ** "Our Q2 results were strong and our total contracted wins
in the year to date are well balanced between recurring revenue
opportunities and project based orders," CEO Mark Talbot said
    ** Stock has risen more than two-fold this year as of last

($1 = 1.3051 Australian dollars)

 (Reporting by Vasudha Kaukuntla in Bengaluru)
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