Prophecy International (ASX:PRO) is pleased to advise of continuing momentum in its eMite business, following the largest individual sale for Amazon Connect in the company’s history.
New sales closed since the start of this Financial year by Prophecy group companies, have already hit $2 million. This has been an excellent start to the new year coming on the back of great SNARE sales numbers to complete FY15.
New sales closed since the start of this Financial year by Prophecy group companies, have already hit $2 million. This has been an excellent start to the new year coming on the back of great SNARE sales numbers to complete FY15.
Our management focus this year is firmly on continued sales growth for the business, including the newly acquired eMite product set. Both SNARE new sales and eMite new sales have performed very well in the opening weeks of FY16 to hit a total of $2m YTD in rapid time. This augurs very well for a buoyant Q1 sales result to get the year started.
eMite has performed as expected with a very strong sales start, further building its reputation with the larger end of the market. Forecasts for Q1 are very good at this point and we have made an excellent start with this new acquisition.
SNARE has outperformed in new sales compared to the same period last year and has had a very pleasing start to the year considering that it closed out a very large total for the month of June and Q4 for a very strong FY15. Sales from the Dell partnership have now started and our forecast is for this sector to make a significant contribution to our result for this year.
Prophecy is pleased to announce that all conditions relating to the acquisition of eMite Pty Ltd have now been met and settlement has been completed.
eMite provides ‘Business Intelligence Analytics software’ to enterprise customers. Its products enable all businesses to make the right real time decisions by providing intuitive representation of real time data from any system in their company based on an easy to deploy, simply scalable BI system with top class analytics in a user adjustable interface.
Prophecy International Holdings Limited is pleased to announce that it has completed a sale and purchase agreement to acquire 100% of Australian software company eMite Pty Ltd. This transaction is effective as of July 1st 2015.
