News and Announcements
Crowd Mobile Reports Record Results, Valued at $0.85 per share
- Published March 22, 2016 3:25PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Crowd Mobile Limited (ASX: CM8 / FWB-XETRA: CM3) has just announced a record half- year result. A recent research report by DJ Carmichael values the company’s shares at $0.85 per share. This follows the successful acquisition and integration of Amsterdam based Track Concepts, which will add significant scale to Crowd Mobile’s results.
Crowd Mobile also recently announced a strategic partnership with ONEm which gives the company access to 1bn mobile users. The most recent Investor Presentation can be found here and a list of recent interviews with the Crowd Mobile CEO Domenic Carosa here.
ABOUT CROWD MOBILE
Crowd Mobile is a global m-Content, m-Payments, m-Commerce, mobile entertainment and micro job company that allows customers globally to crowd source answers to their much-needed questions and pay a small fee for each answer received.
Crowd Mobile operates in 50 countries and answers in 30 languages. The company reported a year-on-year revenue increase of 32% in FY16 and has experienced over 50% share price increase in the last 6 months. Crowd Mobile recently acquired Track Concepts Ltd and launched a number of new services across Europe and Africa.
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