In the Quarterly Activities Report for the period ending September 30, 2023, One Click Group Limited (ASX: 1CG) highlights several operational milestones and achievements. User acquisition on the One Click Life Platform continued to grow significantly, with over 115,000 registered users. Their digital marketing strategy and expanded product suite led to remarkable results, including a 125% increase in revenue for the September Quarter, totaling AU$2.7 million, and year-to-date revenue of AU$3.5 million, up 160% from the previous year. The Average Revenue Per User (ARPU) also increased from AU$25 in 2022 to over AU$32 per user.
One Click Mortgages gained traction with over 250 mortgage applications received since its launch in March 2023. The Next Day Refund Tax product was successfully released, securing AU$2.2 million in short-term funding and customer contracts for the One Click Verify digital identity verification platform. The company's outlook includes plans to grow user numbers through digital marketing, increase revenue from existing and new users, expand product offerings on the One Click Life platform, and engage with new customer opportunities for the One Click Verify platform.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
