HomeFinTechPureprofile: Achieves best quarter of growth in Q4 FY21

Pureprofile: Achieves best quarter of growth in Q4 FY21

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Pureprofile Achieves best quarter of growth in Q4 FY21

  • Pureprofile (PPL) says the June 2021 quarter was the best quarter of growth the company has ever experienced
  • The global data and insights firm saw an 87 percent growth in earnings before interest, tax, depreciation and amortisation to $1M for the quarter
  • The company also enjoyed a 58 percent growth in sales revenue to $8.4M taking the total unaudited revenue for FY21 to $30M
  • An operational highlight was launching its survey platform created for Flybuys members which has already increased project and survey volumes
  • By the end of the quarter, Pureprofile had $3.8M in cash, marking a notable increase to the $1.8M it had at the end of FY20
  • Company shares are trading steady at 3 cents at 12:03 pm AEST
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