Ann: Crowd Mobile Trading update - Record Results, page-8

Commenting on the debt facility enhancement, Crowd Mobile CEO Mr Domenic Carosa stated,
“We believe this signals a high level of confidence in the group’s ability to generate profits and free cash flow.
We are continuing to focus firmly on the integration of the Track Holdings business, which is going well in Europe, and remain confident that the acquisition will propel Crowd Mobile to becoming a truly global mobile company.
“In terms of financial performance for the month of December, we generated unaudited revenue of $4.1 million and unaudited EBITDA of $1.3 million, excluding share based payments.
Although early days, the unaudited results for November and December are encouraging and represent an annualized run-rate for Revenue of $48.5 million and EBITDA excluding share based payments, of $14.5 million.
“Looking ahead, Crowd Mobile is determined to continue the expansion of its operations in existing markets, whilst opening up new markets where our mobile offerings and m-payment capabilities can leverage the explosive growth in smart phone penetration and usage”, concluded Mr. Carosa.

It is expected that our FY2016 audited half year results will be released 28th February 2016.