Dropsuite Limited Reports Earnings Results for the Full Year Ended December 31, 2020
February 24, 2021 at 04:34 pm EST
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Dropsuite Limited announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was AUD 7.026 million compared to AUD 4.681 million a year ago. Net loss was AUD 2.144 million compared to AUD 3.145 million a year ago. Basic loss per share from continuing operations was AUD 0.0039 compared to AUD 0.0064 a year ago.
Dropsuite Limited is an Australia-based company, which provides cloud software platform enabling businesses and organizations globally to back up, recover and protect their important business information. The Companyâs products include GovCloud Backup; Microsoft 365 Backup; Google Workspace Backup; Email Backup, which include Hosted Exchange, IMAP/POP and Open-Xchange, and Email Archiving. Dropsuite QuickBooks Online Backup, Email Backup and Email Archiving solutions are the cloud backup, archiving, and recovery software-as-a-service (SaaS) solutions. Its Microsoft 365 backup and archiving solutions can be stored in Amazon Web Services (AWS) GovCloud (United States), allowing users to back up and restore sensitive and classified data in the cloud while maintaining FedRAMP moderate security requirements. Dropsuiteâs QuickBooks Online Backup (QBO) offers a secure and affordable backup solution for accounting data.