Pureprofile reports strong revenue growth in Q3 FY2022

Pureprofile Limited (ASX: PPL) has provided its Q3 FY2022 business update for the period ended 31 March 2022 and reported strong revenue growth during the period, driven by record revenue from the Data & Insights businesses outside of Australia.

The Company noted a 40% growth in revenue and 6% improvement in EBITDA. Its SaaS platform revenue performance was up 323% compared to the previous corresponding period. The strong revenue during the period translated into record cash receipts for the month. As a result, the closing cash at bank balance stood at AU$4.9 million.

Currently, PPL is executing its corporate growth strategy in the following ways:

• Global expansion
• Generating more data and insights
• SaaS data solutions
• Continued investment in the technology platform

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