Key highlights:

  • Our first AGM, with all resolutions successfully passed.
  • An increasing number of opportunities coming through our partner channel. We are seeing strong evidence that partners are understanding and presenting Gooroo as a compelling value proposition.
  • We have three priorities for Q1 2018 - building out our team evaluation product, adding to our partner network and introducing training and accreditation programs.

Transcript of the monthly update

Please note that this transcript has been edited slightly for readability.

Welcome Shareholders to the final Gooroo Ventures shareholder update for 2017.

There are four items I'd like to cover off today:
1. The results from our AGM.
2. A sales update.
3. Our priorities for the first quarter of 2018.
4. A thank you for your support this year.
 

1. AGM results

So let's get started. We recently held our very first Gooroo Ventures AGM. I was particularly pleased to see all resolutions passed, and to see a number of shareholders join us on the day.
 

2. Sales update

Two, sales update. What's been really encouraging over the last month is the activity being created through our partner channel, those that are reselling our platform.

We're seeing an increased number of deals coming through and discussions taking place. These discussions are particularly encouraging because what we're seeing is that our value proposition is being understood and they're able to present that to their customers.

In addition we've also received some fantastic feedback from our customers who are using the platform, and we're going to provide some of those quotes on our website, and I'd encourage each and every one of you to have a look at those just to demonstrate the sort of value and benefit that we're creating for these organisations.
 

3. Q1 2018 priorities

Three, I'd like to give you a feel for the three priorities we're focused on in the first quarter of 2018.

Priority number one is we're building out our team evaluation and reporting functionality that has been requested from our customers. This functionality will allow customers to bring teams together, evaluate teams and report on their alignment, their misalignment, and also the opportunities to drive greater levels of performance.

Priority number two is building out our strategic partner network. Over the past year we've seen that partners can give us a direct access to the customer base without us having to put in place a large direct sales team. And we've received strong evidence of the mutual benefit that we receive, but also our partners receive by providing an enhanced and value driven service to their customers.

Priority number three is building out our training and accreditation programs. So why are we doing this? Firstly it supports the rollout of our partner strategy, secondly it builds advocates within our customer and partner organisations, and third, it reduces the reliance on our own team to provide consulting and support services on every engagement.
 

4. Season's Greetings

And finally, I'd like to thank all existing shareholders, customers, partners, and staff for your support over the last 12 months.

I wish you all a very happy and safe festive period and New Year, and I look forward to speaking with you again next year.

Of course, if you have any questions don't hesitate to reach out.

Investor & media enquiries

Mr Peter Nesveda
Corporate Affairs & International Investor Relations, Intuitive Pty Ltd
Tel: +61 3 9504 8420, Mob: +61 (0) 412 357 375
Email: [email protected]