Connexion Mobility Ltd
Connexion Telematics dodges impact of COVID-19 with joyful full-year results
Software as a service for vehicles company Connexion Telematics (ASX: CXZ) has published record full-year results for the past financial year, stating it had “delivered a strong set of results against a backdrop of economic uncertainty”, caused by COVID-19. In headline figures, Connexion’s revenues were up 131% to $8.2 million while net profit after tax […]
Connexion Telematics generates almost $1m in free cashflow for June quarter
Smart car technology developer Connexion Telematics (ASX: CXZ) has provided an update regarding its operations in the second quarter of this year. One of the brightest aspects of its company metrics was on the financial side with strengthening performance leading to free cashflow of $914,000 for the June quarter and the company becoming debt-free. The strong […]
Connexion Telematics rolls out fleet management software for General Motors
Smart car technology developer Connexion Telematics (ASX: CXZ) has announced its fleet management software is now in operation for General Motors Corporation. The Melbourne-based company today advised the market that its OnTRAC software has been launched and commissioned for the multinational car manufacturer’s Courtesy Transportation Program (CTP). The news follows Connexion’s announcement last August of […]