Crowd Mobile Summary
- FY18: Achieved Revenue, Underlying EBITDA and Operating Cashflow of $38.6m, $3.6m and $2.6m respectively
- Q&A revenues $24.7m with billed messages up 8% year on year
- Crowd Media’s revenue $0.50m, up from zero base supported by strong customer
demand and positive industry outlook with deals signed with L’Ore´al, Nestle & Coty
- Pilot program with US Fortune 100 company to sell third-party digital products via influencers and social media channels progressing with promising results
- Continued investment in Artificial Intelligence (AI) technology to improve margins
- Net debt is under $1.0 million
- The Company intends to change its name from Crowd Mobile Ltd to Crowd Media
Holdings Ltd at its upcoming AGM (subject to shareholder approved)
- New CFO and COO have recently joined with a focus on business transformation,
growth, and operational excellence
30th August 2018 – Global mobile entertainment and digital media company Crowd Mobile Limited (ASX:CM8 & FWB:CM3) (“Crowd Mobile” or “the Company”) presents its FY18 full- year results.
For further information please download PDF attached:
Download this document
