MEDIA RELEASE: May 3 2022: Pureprofile Limited (ASX: PPL or the Company) is pleased to present its Q3 FY22 business update for the period ended 31 March 2022, continuing the trend of strong revenue growth.
During Q3 FY22, Pureprofile achieved a revenue uplift of 40%, EBITDA improvement of 6% (Q3 results were impacted by a $137k FX loss, otherwise was up 32% on pcp) and strong SaaS platform revenue performance, up 323% on pcp.
Record revenue was achieved by the group during the month of March, underpinned by record revenue from the Data & Insights businesses outside of Australia. Strong revenue growth over the quarter translated into record cash receipts for the month resulting in a closing cash at bank
balance of $4.9m.
To underscore the strong momentum of the company, in the nine months to 31st March 2022, Pureprofile has already surpassed the revenue and EBITDA generated over the full fiscal FY21 year.
Pureprofile is executing its corporate growth strategy in the following ways:
- Global Expansion (outside of Australia)
- Pureprofile’s Partnership Program: generating more data and insights
- SaaS data solutions
- Continued investment in the technology platform
Pureprofile CEO Martin Filz said “We see the business continuing to grow strongly outside of Australia, with Pureprofile becoming a true global player in the Data & Insights industry. As we plan for the longer term, we have been investing in people, technology and panels to ensure that we
continue to achieve sustainable growth into FY23 and FY24.”
The full update and reports can be found here.