Pureprofile, reporting strong growth for the March quarter, has foreshadowed a series of partnerships as a way of increasing capacity without upfront expenditure.
The ASX-listed martech posted revenue up 25% to $7.1million for the three months.
“Our results continue to demonstrate strong performance across all business units and regions," says Pureprofile CEO Martin Filz.
"We are continuing to deliver on our strategy to grow our panel, increase SaaS revenues and grow our data and Insights businesses.
"As we leverage the recent investment we have made, we are achieving notable improvement in revenue and free cash flow and are on track to deliver further substantial revenue and additional positive cash flow in the last quarter of this financial year and FY22."
Full year EBITDA guidance is $3 million.
Outlook
"Looking forward, the company will continue to deliver on all three pillars of its corporate strategy around the global growth of our Panels and data, increasing our SaaS client base and leveraging our Data and Insights and Media services.
"In the final quarter of FY21 we expect to launch several important partnerships and initiatives, further expanding our footprint as a global data, insights and media business.
"We will also commence planning and development for the establishment of new panels in Europe and Asia, which are expected to drive further revenue and profit growth in FY22."
March quarter numbers:
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