Dubber Corporation Limited (Dubber) (ASX: $DUB) provided an update on its sales performance, indicating that no Communication Service Provider (CSP) Partners have been lost due to recent events. The company reported a rebound in sales momentum with month-on-month revenue growth in May 24. Dubber is focusing on improving data and timeliness of internal reporting to facilitate faster decision making. The company is also reallocating resources to engaged and active partners, with a priority on SME segment sales.
The company's focus on improving data and timeliness of internal reporting reflects its commitment to enhancing operational efficiency. The reallocation of resources to engaged and active partners demonstrates Dubber's strategic approach to driving sales growth. The emphasis on repeatable sales motions with a high focus on the SME segment aligns with the company's goal of expanding its market presence. Additionally, the development of Trends to assist in Platform deals showcases Dubber's dedication to meeting the evolving needs of its partners and end customers.
Dubber anticipates FY24 revenue to be in the range of $38.4m-$39.0m, reflecting a revision from the previous guidance. The company aims to drive revenue growth and manage resources and costs to achieve a target of cashflow breakeven in FY25. Dubber continues its focus on the recovery of funds, providing updates on the investigation and recovery process. The ongoing comprehensive CEO search process underscores the company's commitment to identifying the right candidate to lead the organization forward for the long term.