bullish
Schrole Group Ltd - Strong Growth in Q1 Cash Receipts in a Usually Quiet Quarter
SUMMARY
- Schrole Group Ltd (ASX:SCL) is an Australian software company focused on providing human resource technology solutions to the international education and training sector.
- Schrole has developed a suite of five HR Software-as-a-Service (SaaS) offerings including the core product, Schrole Connect, a SaaS-based staff recruitment platform.
- Schrole Group has reported a 23% increase in quarter-on- quarter cash receipts to $1.29m and a narrowed operating cash loss of $0.37m, in what Is a seasonally quiet quarter for the company.
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