NEWS21 July 2021

Pureprofile revenue rises

Asia Pacific Financials News

AUSTRALIA – Global data and insights business Pureprofile had $30m revenue in the past year with a 58% rise in the quarter ending 30th June 2021, according to the company’s latest financial results.

Business data

The results show that for the company’s fourth quarter, covering the three months to the end of June 2021, data and insights revenue rose 68% compared with the same quarter in 2020.

Software-as-a-system (SaaS) income rose 225% in the latest quarter year-on-year, while earnings before interest, tax, depreciation and amortisation were up 87% to $1m compared.

The closing cash balance was $3.6m on 30th June 2021, compared with $1.8m a year ago.

Pureprofile’s unaudited results for the year therefore show a 24% rise in revenue to $30m, with earnings before interest, tax, depreciation and amortisation up 124% to $3.1m for the year ending 30th June.

Last year, Pureprofile undertook an $18.8m recapitalisation to reduce its debt and raise $3.5m for future investment. The company said at the time it would use the funds to grow its data services and expand its SaaS offer.

Martin Filz, chief executive of Pureprofile, said: “Q4 is the best growth quarter we have seen in the company’s history, closing out a great 2021 financial year.

“As the world moves toward a brighter future, we are seeing marked shifts in consumer preferences and attitudes in the wake of the pandemic.”