DomaCom (ASX:DCL) is pleased to announce its quarterly activity report for the quarter ended December 31, 2022, which shows strong growth in Funds Under Management (FUM) and customer accounts.

FUM on the DomaCom platform was $182m as at the end of December 2022, an increase of 17% quarter-on-quarter and 84% year-on-year.

Customer accounts numbered 2,180, up 9% quarter-on-quarter and 49% year-on-year.

DomaCom relisted on the Australian Securities Exchange (ASX) on December 23, 2022, and revenue for the quarter was $996,000, a 116% increase from the previous quarter and a 294% increase from the same period in the prior year.

The company is targeting further growth over the balance of the 2023 financial year and beyond, aided by the implementation of its stated recovery strategy.