Crowd Mobile reports quarterly result

Company News

Crowd Mobile Limited (ASX:CM8) has reported its best quarterly result on record.
 
The company’s revenue increased 242% over the previous corresponding period to $11.5 million.
 
Its underlying EBITDA increasing 515% over the previous corresponding period to $3.25 million.
 
Total billed messages from the Company’s Q&A division rose 59% to 2.3 million over the pcp and 9% against the previous quarter – its ninth consecutive quarterly gain.