Report

Comment: New Zealand talks tech September 2015

GeoOp (GEO.NZX) is a workforce productivity company that offers complete job management to businesses worldwide. For the quarter to June 2015, GEO reported 67% q-o-q growth in users to 19,000 licenced users operating in 35 countries. Its monthly annualised revenues reached NZ$1.4m at June 30 2015. GEO announced in late August that it had secured NZ$2.4m at NZ$0.48/share in additional funding via a share placement with strategic investors based offshore. The placement will be followed by a share purchase plan to its existing 1,500 shareholders at the same issue price.
Underlying
GeoOP

Geo Limited., formerly GeoOp Limited, provides cloud-based business productivity tools and applications for small to large businesses with mobile and distributed workforces. The Company's suite of productivity tools includes GeoService, GeoSales and GeoCare. GeoService is an online workforce management and costing solution. GeoSales is a mobile sales workforce management solution. GeoCare is a client-centric, collaborative workforce management tool for the healthcare industry. GeoService targets the trades and services industries and helps operations managers create, schedule and assign jobs to field workers in real time. GeoSales enables sales managers to allocate selling regions to staff, provides detailed geo-demographic campaign information for increased sales conversions, allows profiling and credit checks of target sales customers, and allows monitoring of sales performance in real time.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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