The Company achieved an operating profit after tax of $126,984 for the half year ended 31 December 2020 (31 December 2019: $48,211). The revenue of $486,580 was derived from continuing to provide support and maintenance for IT systems of Tamawood Limited, AstiVita Limited and Advance NanoTek Limited as well as licensing fees for the use of the Company's software ("Software") by Tamawood Limited.
There are no contracts in place and this revenue is derived on a month-by-month basis as the services of SenterpriSys are required by these companies. SenterpriSys is resolving the last remaining "bugs" in the Software as part of the beta testing of the Software by Tamawood Limited before the Software is released to external users. It is anticipated the release will happen FY22.
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About SenterpriSYS Limited
Listed on the National Stock Exchange of Australia.
Issue Code: SPS
Issue Name: SenterpriSYS Limited FPO
Issue Type: 01 - Ordinary
ISIN: AU0000036337
Industry: Information Technology
Nominated Adviser: Geoff Acton
Listed Date: Tuesday, 5 February 2019
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