Telecom Operators
By Iain Gilbert
Date: Thursday 16 Nov 2017
LONDON (ShareCast) - (ShareCast News) - Telecommunications firm Toople watched its customer orders increase every month between June and October alongside monthly revenues that topped £100,000.
Customer orders at Toople rose during each month after the company's fundraise of £1.41m in June 2017, while reaching its milestone 1,000th customer in August.
Toople said the growth was a result of its "sophisticated digital marketing campaign" which increased the average number of leads generated per month by more than 100%, with 43% of those leads being converted into an order either online or over the phone.
The group's cloud-based business business-phone offering was the fastest growing product between June and October and was Toople's highest margin product and longest tenure contract.
It also announced it would be terminating its agreement with the third-party service it had been employing to handle sales and would transition to its own in-house dedicated sales office.
Andy Hollingworth, chief executive of Toople, said, "The company's revenue generating unit numbers continue to grow every month and Toople is making solid progress towards becoming a significant player in the UK small business connectivity space."
"As the Company grows we have a better understanding of what our potential customers want and how to reach them. We have demonstrated excellence in delivering an outstanding customer experience. By taking full control of our sales cycle, we intend to bring our proposition to a wider audience and further grow our market share. We look forward to the future with optimism," he added.
As of 1030 GMT, shares had gained 3.40% to 1.22p.
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Currency | UK Pounds |
Share Price | 0.009p |
Closing Price Change | 0.000p |
% Change | 0.00 % |
52 Week High | 0.052p |
52 Week Low | 0.009p |
Volume | 0 |
Shares Issued | 5,070m |
Market Cap | £0.43m |
Value |
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Value |
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Income |
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Growth |
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No dividends found |
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