Crowd Mobile Chairman’s Address and CEO’s Presentation to Shareholders at 2015 AGM

9th December 2015, ASX Announcement

The Company’s results in what is essentially the business’s first financial year since listing on the ASX were strong; revenue was up 31.8% to $12.98 million for the financial year ended 30 June 2015. The Company achieved strong revenue growth across each of the FY15 quarters, and its key performance metrics of message volume, new territories entered and products in the market all increased.

Reflecting the emphasis on the Company’s objective of growing the existing business, launching new service offerings and progressing the acquisition strategy, the Company reported a loss for the year of ($3.95) million, although notably, this included a $3.11 million non-cash share based payment charge to effect the reverse takeover of Q Limited, transaction fees for the same of $0.25 million, a $1.12 million non-cash share based payment charge for the Company’s performance incentive plans to Executive Director and staff, and transaction fees for the now-completed Track Holdings acquisition, of $0.40 million.

To read the full announcement, please click here. 

To view the CEO’s Presentation, please click here.