AppsVillage Australia Limited reported revenue results for the first quarter of fiscal 2020. The company delivered Monthly Recurring Revenues of $151,172 and Annualized Recurring revenues of $1,821,024 representing approximately 250% increase compared to first quarter 2019 and a 36% increase on the previous quarter.

The Company remains confident in its ability to continue to deliver financial and operational growth throughout this year and as a result has projected Annual Recurring Revenues of $4.0 million by the end of 2020.