Market Herald logo

Subscribe

Be the first with the news that moves the market

Tech company Dragontail Systems has announced a record 250 per cent, March quarter growth today.

Dragontail offers technology solutions to restaurants and fast food chains to optimise their order and delivery systems.

The platform boasts artificial intelligence integrated into a GPS-based algorithm.

“We are excited to see the cash receipts of the Company growing as a direct reflection of the accelerated growth in installations,” Managing Director Ido Levanon said.

The technology is integrated into the point of sale stage and helps prioritise orders.

Dragontail also uses a delivery app system that has freelance drivers earning money, similar to popular UberEats.

The official quarterly document is yet to be released.

DTS rose 8.7 percent in the ASX today.

Please see the announcement attached

DTS by the numbers
More From The Market Herald
Altium Limited (ASX:ALU) - Chief Executive Officer, Aram-Mirkazemi

" Altium (ASX:ALU) revenue slips for the first time in eight years

The invariable impacts of COVID-19 have put a stop to Altium's (ASX:ALU) consecutive revenue growth during…
Altium Limited (ASX:ALU) - Chief Executive Officer, Aram-Mirkazemi

" Altium (ASX:ALU) shares bump despite shrinking revenue expectations

Altium (ASX:ALU) has predicted its fiscal revenue for 2021 will be lower than initial guidance, following…
Altium (ASX:ALU) - CEO, Aram Mirkazemi

" Altium Limited (ASX:ALU) announces new auditor

Software company Altium Limited (ASX:ALU) has appointed KPMG as it auditor, replacing PricewaterhouseCoopers (PwC).
Altium Limited (ASX:ALU) - Chief Executive Officer, Aram-Mirkazemi

" Altium (ASX:ALU) maintains full-year guidance despite COVID-19 headwinds

Altium (ASX:ALU) has posted its half-yearly unaudited sales and revenue figures for FY21, revealing it endured…