Ann: Crowd Mobile reports record quarterly result-CM8.AX, page-14

EXCELLENT results .. Can only get BETTER !!

Crowd Mobile reports record quarterly result

Highlights:
§ Both revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) jumped to a record in the March quarter
§ Revenue for the three months to end March increased 242% over the previous corresponding period (pcp) to $11.5 million and underlying EBITDA increased 515% over the pcp to $3.25 million
§ EBITDA in latest quarter already exceeds Crowd Mobile’s half year Underlying EBITDA of $2.2 million
§ Total billed messages from the Question & Answer (Q&A) division rose 59% to 2.3million over the pcp and 9% against the previous quarter – the ninth consecutive quarterly gain § Q&A division growing strongly in all key metrics and growth is expected to be sustained with Crowd Mobile rapidly expanding into the professional services sectors
§ The Company continues to generate free operating cashflow on a month-to-month basis in line with expectations § Management focusing on improving