ASX-listed media and technology company Pureprofile has grown its revenue by 5.6 per cent to $12.9 million in the first quarter of the new financial year.
The company revealed the growth in a trading update yesterday, which was primarily attributable to its data and insights and media business units, which grew 29 per cent and 19 per cent respectively, compared to the first quarter of FY18.
Pureprofile noted the reduction in its cost base which was undertaken last financial year continues to have a significant impact, with positive EBITDA for a second consecutive quarter.
The company update also revealed that Pureprofile has been commissioned by Medibank and Qantas Loyalty to provide ongoing market research services.
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