ASX-listed martech Pureprofile posted revenue of $12.8 million in the December quarter, a record and 21% higher than the same three months in 2021.
The company reiterated guidance for revenue in the range of $48 million to $52 million and EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin to be 9%-10% for the full financial year:
"In line with our stated corporate strategy, Pureprofile remains on track to expand the international business into the larger UK, European and US markets, whilst continuing to grow in Australia.
"Given the currently uncertain macro economic environment we will maintain our disciplined investment approach."
Pureprofile CEO Martin Filz said "We're really pleased to see that the business is progressing to plan, with Q2 showing record revenues for the company and an increase in EBITDA margin.
"The advertising market was soft as expected and reinforces our decision to close the UK performance business last year.
"Data and Insights continue to perform very well, with regions outside of APAC especially strong, reporting 49% growth.
"This is where we made most of our investments in Q4 FY22, so great to see those investments paying off.
"Forward metrics such as bids and client wins indicate that we are tracking well for H2 FY23.”
The numbers:
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