Mobile Embrace Limited has again delivered a strong financial and operational performance for FY2016. From July 2015 to August 2016, MBE has established four new international territories for direct carrier billing and four new International territories for mobile marketing all expanding its operational infrastructure whilst increasing profitability.
The results showed Mobile Embrace’s revenue of $60.6 million was up 83 per cent year on year (YoY) from $33.01 million ahead of guidance; EBITDA of $9.5 million was up 86 per cent YoY from $5 million ahead of guidance; NPAT of $4.9 million was up 63 per cent YoY from $3 million; Basic EPS 1.26 (cents per share) was up 57 per cent YoY from 0.8; and cash at bank was $18 million.
Chris Thorpe, CEO said, “Mobile Embrace has again delivered strong growth on all the key metrics of Revenue, EBITDA, NPAT and EPS growth year on year.
“We again exceeded guidance with revenue of $60.6 million and EBITDA of $9.5 million which demonstrates the strength, scalability and momentum of the business.
“The Company invested in the expansion of its operational infrastructure by continuing to establish multiple new international territories whilst maintaining profitability. Mobile Embrace is strategically positioned to benefit from the global uptake of mobile which continues to grows in importance at a considerable pace.
“Our focus in FY17 is to continue delivering sustainable growth from our operations which are highly scalable and are generating strong cash flows.
“Industry forecasts continue to point to strong and continued growth in the mobile payments and mobile marketing sectors which gives MBE the perfect environment in which to deliver its three-year strategy.”
In this guest post, CTO of Wiise, Hamish Browne (pictured below), says tech’s new focus on privacy will lead to new rules and new ways of doing business for marketers… With the delicate balance between customer data and privacy in the spotlight like never before, the potential emergence of new standards and business models, is […]
Businesswoman, reality TV star, and social media personality Kim Kardashian has posted an ad for mysterious cryptocurrency Ethereum MAX [EMAX]. In a post on her Instagram story – where she has 228 million followers – Kardashian wrote: “Are you guys into crypto????” “This is not financial advice but sharing what my friends just told me […]
Great Southern Bank has launched a brand campaign this week, ‘Happily Clever After’, coinciding with its name change from Credit Union Australia, bringing to life its purpose of helping all Australians own their own home. The journey to changing from Credit Union to Great Southern Bank began back in 2020. When Australia’s largest customer-owned bank, […]
Nine has promoted Jo Clasby to the role of commercial director – publishing, where she will report to Nick Young. She was previously director of client partnerships – publishing. Her new role establishes her at the same level of seniority as Anthony Smyth, commercial director – radio. Smyth was promoted at the start of this […]
Hospitality giant Accor is shining a light on the joy of cities through its newest campaign, ‘Go ALL Out’, which launches in Australia and New Zealand today. The gateway to the ‘Go ALL Out’ campaign is ALL – Accor Live Limitless, a lifestyle loyalty program that integrates rewards, services and experiences throughout the Accor portfolio […]
Global affiliate and partner marketing firm Silverbean has secured new contracts with 13 major Australian brands and is now working to double the size of its Asia-Pacific team. Silverbean launched in Australia in 2019 and has seen steady growth through its work with retailers. Now, with 15 new brands joining the Silverbean portfolio, the agency […]
Tourism PR and marketing agency GTI has announced the appointment of longtime media executive Jenny Pham as its new general manager of marketing and strategy. Pham (pictured above) will lead the agency’s marketing division with responsibility for strategy, media and consumer marketing, while GTI founder and managing director Sarah Anderson remains as the day-to-day lead […]
Clipboard, a free professional networking platform for the hospitality industry, has announced it will seek to raise its next round of funding via equity crowdfunding platform Birchal. This will power its vision to transform the way the fragmented hospitality industry connects, shares experiences, markets and recruits. With a growing member database of over 24,000 hospitality […]