Listen to SmallCAP podcast about Complii FinTech Solutions (ASX: CF1) achieving maiden profit, and continuing growth (w/ Craig Mason)
Complii FinTech Solutions (ASX: CF1) executive chairman Craig Mason joins Small Caps to discuss the company’s strategy for continuing its upward momentum through acquisitions of complementary technology and organic growth via ongoing research and development, cross-selling, and providing integrated services.
In FY2022, Complii’s revenue increased to $8.64 million from $2.02 million in FY2021. The surge in revenue was attributed to the company’s growth strategy and underpinned a maiden net profit of $114,937 for FY2022.
The PrimaryMarkets trading and capital raising platform acquired by Complii in November 2021 gained a substantial boost, with the value of trades increasing by 521% year on year. More recently Complii acquired Registry Direct, a shareholder registry and communications service for both listed and unlisted corporations and funds.