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Family Zone (ASX:FZO) - Managing Director, Tim Levy
Managing Director, Tim Levy
Source: Family Zone
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  • Family Zone Cyber Safety (FZO) has experienced significant growth following a record quarter
  • The company has added around 2000 schools to its platform, a 128 per cent year on year growth
  • Around one million students were added, bring the total to about 3 million students, another 128 per cent growth
  • Total contracts of $5.8 million were signed with an additional $1 million added through the acquisition of NetRef
  • Family Zone is up 11.4 per cent and is trading at 63.5 cents per share at 12:30 pm AEST

Family Zone Cyber Safety (FZO) has seen significant growth following a record quarter.

The company saw outstanding sales success in the quarter adding around 2000 schools, a 128 per cent year on year growth.

Around one million students were added to Family Zone’s platforms ending with 3 million, a 128 per cent growth.

Significantly, the company’s pipeline has grown with now 1500 schools and 600,000 students in proof of concept trials.

Family Zone continues to achieve significant growth in both the total and annual value of contracts.

Total contracts of $5.8 million were signed with an additional $1 million added through the acquisition of NetRef.

Managing Director Tim Levy is pleased with this “breakthrough quarter.”

“We added over 1 million students and 2000 schools and now serves more than three million students and 5 per cent of US school districts.”

“We broke sales records and most encouragingly ended the quarter with about 1,500 schools in trials.”

On the market, Family Zone is up 11.4 per cent and is trading at 63.5 cents per share at 12:30 pm AEST.

FZO by the numbers
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