March 2022 Quarterly Activities Report

Dubber Corporation Limited (ASX: DUB) (‘Dubber’ or ‘the Company’), the leading global Unified Call Recording & Voice Intelligence cloud platform which provides innovative world leading products directly via Service Provider networks, today released its report on the Company’s operating activities along with the Appendix 4C for the quarter ended 31 March 2022.

Highlights within the Quarter:

• ARR increased by $5.1m QoQ to $55.1m (62% pcp)
• Revenue for 12 months to March 2022 was $33.7m consistent with reported ARR at March 2021
• Revenue increased by $900,000 QoQ to $9.25m (40% pcp)
• Cash receipts increased by $2.9m QoQ to $8.5m
• Net cash outflows decreased by $7.1m
• Dubber subscribers exceed 540,000
• Launch of Notes by Dubber at Mobile World Congress
• Finalised multiple network UCR agreement with TDC Nuuday of Denmark
• Established core infrastructure for acceleration of future growth
• Dubber is fully funded with in excess of $97.5m cash on hand