Pureprofile Ltd. (AU:PPL) has released an update.
Pureprofile Ltd. reported a 6% increase in third quarter revenue, reaching $10.9m for Q3 FY24, driven by strong growth in the UK and nearly doubling of platform revenue. Despite the overall revenue growth, EBITDA saw a significant drop of 49% compared to the previous corresponding period, attributed to changes in executive remuneration policy and increased operating expenses. The company also highlighted a notable 91% increase in repeat business and a steady annuity revenue stream of $10m over the past twelve months.
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