June 22 (Reuters) - Crowd Mobile Ltd (CM8) :
- FY18 REVENUE, UNDERLYING EBITDA AND OPERATING CASHFLOW PROJECTED TO BE ABOUT $38.5 MILLION, $3.6 MILLION & $2.9 MILLION RESPECTIVELY
- FY18 CROWD MEDIA REVENUES ARE EXPECTED TO BE $0.45M FROM A ZERO BASE AND WEIGHTED SALES PIPELINE IS CURRENTLY $2M+
- AS RESULT OF STRATEGIC REVIEW, DECIDED TO TAKE NON-CASH WRITE DOWN OF $26.0 MILLION AGAINST SUBSCRIPTION (TRACK) DIVISION TO ZERO
- WRITE DOWN OF $26.0 MILLION TO BE REFLECTED IN FY18 RESULTS
- FORFEITURE OF DIRECTOR & CEO OPTIONS TO HAVE A ONE-OFF NON-CASH EXPENSE IN FY18
News: CM8 Crowd Mobile Says FY18 Revenue Projected To Be About $38.5 Million
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