TZ (ASX: TZL) redirects focus to cloud-based software; consumption business experiences immediate growth (w/ Mario Vecchio)

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/See omnystudio.com/listener for privacy information.