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Australian Investment Blog

ASX:DUB 01/03/2022

Dubber (DUB) shares fall following late 1H results

DUB -4.76%: cloud call recording and AI business Dubber reported aftermarket yesterday to wrap up the reporting period. The result was largely pre-released at the quarterly update in January with Revenue and ARR growth known. Costs have risen as they buildout their global headcount and integrate the technology on a number of large telco platforms. Also weighing on Cash Flow was a large debtor which is yet to settle, likely part of the reason for today’s weakness given no further update on when they expect this to settle. Shares did enjoy a bounce of the lows, there is certainly value in the name here.

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