Registry Direct Records $286,000 in customer receipts for Dec. quarter
- Registry Direct (RD1) reports an increase in customer receipts to $286,000 for the December quarter, up 60 per cent from the prior corresponding period
- The company used $142,000 in the quarter with the funds primarily going towards staff, corporate and administration costs
- RD1 said lockdowns due to the COVID-19 pandemic are presenting a number of logistical challenges for the growth of the business
- For future operating activities, the company has $2.86 million of funding available which it expects to last 20 quarters.
- Shares closed flat on Tuesday at 2.5 cents each