SkyFii’s acquisition of CrowdVision will add annualised recurring revenues (ARR) of around $2.3m (AUD) bringing pro forma SkyFii ARR to $13.3m.

Skyfii increased both revenue and losses in H1 FY2021, but you wouldn’t get that message from their “highlights”…

Software as a service ✓

Short term macroeconomic tailwind ✓

Skyfii Ltd (ASX:SKF) sells software which helps organisations understand how their physical spaces are used by people.

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Skyfii (ASX:SKF) is a company that initially used free wifi offerings to harvest data about visitors to sell analytics to owners of venues such as stadiums or shopping malls. The problem with this kind of offering is that it doesn’t really enable clients, but simply gives them a bunch of data. (For what it’s worth, … Continued