I have previously done a few posts about Sarine Technologies.
- The 2 Financial Pillars of Sarine Technologies (read here)
- Sarine Technology (Gemological) Laboratory: Will this Tech Company be the Pick-axe to the Diamond Gold Rush? (read here)
- Sarine Technologies: A turn for the better? (read here)
- My thoughts on Sarine Technologies Ltd (SGX: U77) (read here)
In some of my previous posts I mentioned about the financial performance of the company.
Annual Financial Performance
Below is a snap shot of the annual performance of the company.
The recent years’ performance has been erratic. FY 2017 was not a good year. However, it is worth noting that the revenue and the net profit of FY 2017 is higher than the lows of FY 2015.
Expenditure wise, Cost of Sale and Sales & Marketing Expenses have not ballooned significantly.
Below is a snap shot of the recurring revenue of the company …