Peppermint Innovation (ASX: PIL) has provided its June quarterly to the ASX with cash receipts up 270% ($950,000 – a company record). This has been achieved despite government imposed restrictions in the Philippines due to COVID-19. FY20 cash receipts of $2,804,000 – representing a 311% increase on FY19 cash receipts of $682,000.
Peppermint is delivering financial inclusion and social good to those with limited banking access.
Craig Astill, Caason Group MD and CEO said: “PIL has a growing revenue trajectory and track record as a business accustomed to operating in this challenging COVID-19 environment. Caason Group is proud to be top 10 PIL shareholder.”
PIL has a stage 2 capital raise underway, please contact Caason to discuss.