- Online research and digital advertiser Pureprofile (PPL) posts a record unaudited full-year revenue uplift of 39 per cent to $41.7 million
- The company says the increase was driven by strong growth from new and exisiting clients across all markets
- Pureprofile reported a 28 per cent EBITDA improvement to $4 million, resulting in a strong closing cash balance of $5.3 million
- At the end of the period, Pureprofile has a cash bank balance of $5.3 million
- PPL ends the day 4.44 per cent in the green to close at 4.7 cents
Online research and digital advertiser Pureprofile (PPL) has posted a record unaudited full-year revenue uplift of 39 per cent to $41.7 million.
The company said the increase was driven by strong growth from new and exisiting clients across all markets. Revenue from existing clients rose 30 per cent compared to this time last year with PPL’s top 20 clients contributing an additional $2.7 million during FY22.
Pureprofile reported a 28 per cent EBITDA improvement to $4 million and net cash from operating activities totalled $3.9 million for the year, resulting in a strong closing cash balance of $5.3 million.
Over the period, PPL signed 136 new global clients and market research panellists grew 43 per cent.
“We are very pleased to have delivered on all the initiatives that we set ourselves for FY22,” CEO Martin Filz said.
“This has allowed us to make additional investments in the fourth quarter designed to
deliver continued top line growth in FY23. All of this whilst continuing to record a positive operating cash flow, strong customer growth and revenue diversification.”
The company said it remains on track to expand its international business into the larger UK, European and US markets, while continuing to grow in Australia.
Pureprofile will release audited full year results at the end of August.
PPL has ended the day 4.44 per cent in the green to close at 4.7 cents.