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Melbourne, Australia, July 25, 2021 /PRNewswire/ – Dubber Corporation Limited (ASX: DUB) (“Dubber” or “Company”) is the world’s leading unified call recording and voice intelligent cloud service, designed for service providers and enterprises of any size, Today released Appendix 4C on the company’s business focus and the quarter ended June 30, 2021.
Highlights of the quarter:
- Revenue increased by 12% (US$800,000) arrive US$7.4 million
- Dubber users now exceed 420,000
- ARR increased by 14% (4.8 million USD) arrive US$39 million
- The company has more than US$32 million Bank cash
- Dubber is now a standard feature for every subscriber on Cisco Webex Calling and Cisco UCM Cloud
Growth of all key indicators-users and ARR
In the June quarter, the company continued to achieve substantial growth in all key indicators.
user ID Dubber’s monthly SaaS subscriptions are growing at a record rate. The company announced the launch of its basic partner program, with Cisco’s Webex Calling and UCM cloud platforms being the first such partners. Foundation partners will embed Dubber services as standard and built-in features in their products-both Dubber and partners will benefit from it, thereby upgrading users to richer features and products. As a result, the number of Dubber subscribers has increased significantly in the plan, and the company currently chooses not to include these numbers for reasons of consistency and commercial sensitivity. Therefore, the increase in the number of subscribers is related to the standard Dubber subscription.
As mentioned earlier, the key growth indicator related to short-term growth is the company’s annual recurring revenue (“ARR”), which has increased 4.8 million USD, To approximately US$39 million, Continuation of the trend established in the March quarter, this is a milestone period related to the quarter-to-quarter comparison of ARR growth.
Telecom network growth and revenue
During the quarter, the company continued to expand the coverage of its service provider network while increasing the penetration and revenue of its existing telecommunications and UC platform partners.
Cisco as a foundation partner
This quarter, the company announced a significant expansion of its business relationship with Cisco. Dubber is now a standard feature of each subscription of Cisco’s global cloud phone platform Webex Calling and UCM Cloud.Entry-level service ‘Dubber Go’ Included in each subscription at no additional cost, enabling individual users to record calls they manage individually. Customers can then upgrade to extended functions, such as extended storage, transcription, and AI-based functions, or extended to compliance-based functions for the entire organization. Cisco provides Dubber with a monthly license fee for this feature, thereby enhancing its services to end customers.
The benefits of Dubber are significant:
- A value-added revenue stream that enhances rather than competes with Dubber’s basic revenue model for Cisco users
- 100% attached to the network customer base, and more inclined to purchase additional Dubber products and service subscriptions
- Dubber can directly co-market with end customers through Cisco and its global dealer network
- Cisco Webex calls are resold by many of the world’s leading telecom operators, providing Dubber with the opportunity to further expand its network coverage
- Integration into the world’s leading cloud phone platform provides opportunities for “network effects”, because service providers and their customers are seeking standardization…
The full story on Benzinga.com
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