Dollar plunge good for K2fly

THE declining Australian dollar on the back of the economic fallout of COVID-19 is a bonus for K2fly, with the technology company recording revenue of about $1.02 million from RCubed software contracts less than nine months after it bought it.

Dollar plunge good for K2fly Dollar plunge good for K2fly Dollar plunge good for K2fly Dollar plunge good for K2fly Dollar plunge good for K2fly

K2fly’s RCubed resource governance solution is a secure, cloud-based platform that aids the governance, compliance and reporting of a project’s or company’s mineral resources and reserves.

After signing up Colorado-based miner Newmont in March the total value of K2fly's software as a service contract is $1.