News and Announcements
Crowd Mobile Delivers Record FY16 Results; Revenue Up 192%; EBITDA Up 329%; Number of Countries Serviced from 25 to 54
- Published September 02, 2016 12:11PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
31st August 2016, ASX Announcement
Highlights
- Crowd Mobile delivers record financial results over 2016 financial year:
- Revenue up 192% to $37.9m
- EBITDA up 329% to $6.3m
- Underlying EBITDA up 295% to $8.3m
- Operational Cashflow up 729% to $7.0m
- NPAT up 122% to $0.9m
Crowd Mobile revenue growth fuelled by growth across key divisions:
- Question & Answers (Q&A): FY16 revenue up 61% to $20.7,
- Mobile Content Subscription: FY16 revenue: $17.2 million
Crowd Mobile achieves significant growth over 2016 financial year:
- Number of countries serviced from 25 to 54
- Number of telco m-payments partners from 50 to 160
- Languages covered from 12 to 30+
- Questions answered from 5.7m to 9m
- FY17 outlook bolstered following heavy investments made in FY16 through management time, additional infrastructure and new personnel
- Strong foundations in place for ongoing expansion of integrated, global, mobile business positioned to deliver continued revenue growth
Wednesday, 31 August 2016 – Crowd Mobile Limited (ASX: CM8 & FWB-XETRA: CM3, Crowd Mobile, “the Company”) is pleased to announce record FY16 Financial Results and release its FY16 Presentation and Annual Report.
The FY16 period was Crowd Mobile’s first full financial year on the ASX since completing its reverse takeover of Q Limited on 13 January 2015. Over the 12 months to June 30, 2016 Crowd Mobile has achieved great success, highlighted by expansion and investment.
To view the full announcement, please click on the button below.
To view the Annual Report, please click on the button below.
To view the Results Presentation, please click on the button below.
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