non-school) customers as part of an efficiency drive. Family Zone sees this as an exceptional result given the delayed start to the UK edutech selling season and active churning of non-core (i.e. The Company’s Group Annual Recurring Revenue (ARR) saw a $6 increase in the March quarter compared to the previous quarter, hitting $91 million. Hoping to become a panacea and help parents and educators to prevent children from unsafe situations, family-focused cyber safety company Family Zone (ASX: FZO) has been focusing on cyber safety technology to improve online safety for children and teenagers, and it seems that many parents and educators across the US, Europe, Australia, and New Zealand are sharing the same vision. While the internet offers endless opportunities for kids to learn, explore, connect, and be exposed to the technologies that will be useful in later life, it also poses a double edged sword as people with dark intentions and malevolence coexist in cyberspace too. Demand rising for Family Zone’s parental control app with fears around unwelcome sexual contactĪccording to The Australian Institute of Family Studies, 97% of households with children aged under 15 years have access to the internet, with an average of seven devices per household.
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