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Netlinkz Secures $1M Philippine VSN License Amid Strategic Cost Cuts and Debt Restructuring
9:35am on Monday 15th of September, 2025 AEST
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Technology
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Netlinkz Secures $1M Philippine VSN License Amid Strategic Cost Cuts and Debt Restructuring
9:35am on Monday 15th of September, 2025 AEST
Key Points
Quarterly customer receipts of $979,000, $7.7 million for full year
First Philippine corporate VSN license sale worth USD 1 million over three years
Partnership with Kognitive Networks to enhance Securelink VSN offerings
Staff and corporate admin costs cut by 60% year-over-year
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