News and Announcements
Crowd Mobile Executing its Growth Plans and FY15 Results Presentation
- Published August 31, 2015 10:39AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
31st August 2015, ASX Announcement
Crowd Mobile Limited (ASX: CM8 & FWB-XETRA: CM3) (Crowd Mobile or the Company) is pleased to announce its maiden full year results since its backdoor listing in January 2015 for the year ended 30 June 2015 (FY15), during which the Company delivered strong growth in revenue and achieved a number of key milestones.
FY15 key highlights:
- Backdoor listed on the ASX in January 2015 & dual listed Frankfurt/XETRA June 2015
- Message volumes up by 68% year-on-year to 5.7 million
- Revenue of $13.0 million, up 32% year-on-year
- Significant investment in continued geographic expansion and new service offerings
- Statutory EBITDA loss of $2.8 million which reflects backdoor listing costs and share based payments
- Underlying EBITDA of $2.1 million (excluding share based payments and corporate transaction costs)
- Announced proposed acquisition of Track Concepts
- Launched Crowd Butler concierge services
- Laid string foundations to leverage global mobile economy mega trend
To read the full announcement, please click here.
To view the Results Presentation, please click here.
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