Q1 2023 Volpara Health Technologies Ltd Strategic Update Call Transcript

Jul 27, 2022 / 11:00PM GMT
Teri Thomas - Volpara Health Technologies Limited - CEO

Both for questions and to talk about what the situation is in the sales and marketing. I'm going to hand over first for Craig to talk a little bit about our 4C highlights. Go, Craig.

Craig Hadfield - Volpara Health Technologies Limited - CFO & Company Secretary

Thanks, Teri. Okay. Let's review the 4C cash metrics posted up on the ASX earlier this morning. We're very happy to say that during Q1, we had our strongest quarter ever for cap receipts from customers with receipts of almost $8.7 million. That's up about 35% compared to last year or 26% in constant currency and almost all of those cash receipts coming from subscription sales. It's great to see our cash receipts increasing quarter-on-quarter on a consistent basis.

During the quarter, we had net operating and investing cash outflows of $3.6 million and that's a decline of 12% from the same quarter last year. This was as expected, however, as Q1 contains a large number of our operational subscription renewals and also our performance

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