ONLINE health, media and technology company 1st Group Limited has reported unaudited FY18 revenue of $3.4 million, up 51% on the prior year.
Co-founder Klaus Bartosch said customer acquisition continues to grow steadily, with net new Annualised Contract Value of $1.33m added during the 12 mths.
He said the company was entering FY19 with "confidence and momentum," its ASX announcement also confirming quarterly cash receipts of $971k, a closing cash balance of $280k and the drawdown of $1.5 million of a $2m standby facility provided by the 1st Group's biggest shareholder.
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