MOBILE Embrace increased profit 73% to $2.6 million for the half year to December 31, 2015, while EBITDA jumped from $1.7 million to $4.1 million after the company drove up new customer acquisitions in global markets.
REVENUE was up 99% to $28 million, with the second quarter revenue of $16 million reflecting growth momentum.
While domestic operations are performing very well, underpinned by increasing demand for the group’s mobile marketing and carrier billing offerings, a significant driver of growth has been its international operations.
Of particular note is the increasing revenue from international direct carrier billing that has now exceeded $520,000 in January 2016 alone. A number of International carrier billing markets are already generating profits.