News and Announcements
Crowd Mobile Reports Record Quarterly Results; EBITDA Increased 515%
- Published April 13, 2016 12:41PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
13th April 2016, ASX Announcement
Highlights:
- Both revenue and earning before interest tax, tax, depreciation and amortisation (EBITDA) jumped to a record in the March quarter
- Revenue for the three months to end March increased 24% over the previous corresponding period (pcp) to $11.5 million and underlying EBITDA increased 515% over the pcp to $3.25 million
- EBITDA in latest quarter already exceeds Crowd Mobile’s half year Underlying EBITDA of $2.2 million
- Total billed messages from the Question & Answer (Q&A) division rose 59% to 2.3million over the pcp and 9% against the previous quarter – the ninth consecutive quarterly gain
- Q&A division growing strongly in all key metrics and growth is expected to be sustained with Crowd Mobile rapidly expanding into the professional services sectors
- The Company continues to generate free operating cashflow on a month-to-month basis in line with expectations
To view the full article please click on the button below.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
