Business
Dubber (ASX:DUB) share price slides despite strong half year growth
The Dubber Corp Ltd (ASX: DUB) share price is trading lower on Friday following the release of its half year results.
At the time of writing, the cloud-based call recording and audio asset management company’s shares are down 3% to $1.72.
How did perform in the first half?
For the six months ended 31 December, Dubber reported revenue of $10.1 million and a loss after tax of $7.5 million.
This was a 61% increase and a 14% improvement, respectively, over the prior corresponding period. However, this result includes a $1.8 million research and development tax rebate received in December.
What else?
Also heading in the right direction was the company’s user numbers, recurring revenue, and cash balance.
At the end of FY 2020, the…
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