TZ (ASX: TZL) redirects focus to cloud-based software; consumption business experiences immediate growth (w/ Mario Vecchio)
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TZ Limited (ASX: TZL) CEO Mario Vecchio joins Small Caps to discuss the company's ambitious growth plans in the burgeoning cloud-based software market. Leveraging TZ's existing technology and capabilities, Mr Vecchio is steering the company towards a being a cash flow positive business in FY2022. Mr Vecchio says SaaS, subscription and service revenues from its cloud-based technology have higher profit margins than one-off device and licence purchases. Article: https://smallcaps.com.au/tz-limited-capitalise-cloud-technology-market-cash-flow-positive-target/ For more information: https://smallcaps.com.au/stocks/TZL/