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Tinybeans Group ( (AU:TNY) ) has provided an update.
Tinybeans Group Limited has announced key appointments and a corporate update following its acquisition of Qeepsake. The company has appointed Mr. Cliff Sirlin as a Non-Executive Director and Ms. Tracy Cho as General Manager of Qeepsake. The integration of Qeepsake has led to significant revenue growth, with the new in-app iOS photo store driving increased user engagement and revenue. The acquisition and product expansion have resulted in over US$200K in photo store revenues, exceeding Tinybeans’ standalone photo book revenue for FY25. The company is focusing on unlocking further synergies and accelerating its path to profitability, with expected operating cost synergies exceeding US$1M annually. The strengthened leadership team is set to support Tinybeans’ growth strategy in the U.S., with Mr. Sirlin’s extensive experience in scaling subscription-based businesses expected to be invaluable.
More about Tinybeans Group
Tinybeans Group Limited is a leading global consumer subscription platform that primarily serves Millennial and Gen Z parents and their families. It operates as a private photo-sharing app and media platform, connecting families and transforming moments into memories. Founded in Australia in 2012, Tinybeans has gained a strong reputation for its insightful and relatable content, boasting over 150,000 five-star reviews on the Apple App and Google Play stores, and has a user base spanning nearly every country worldwide.
YTD Price Performance: 62.71%
Average Trading Volume: 152,438
Technical Sentiment Signal: Hold
Current Market Cap: A$19.44M
See more data about TNY stock on TipRanks’ Stock Analysis page.