First Global Announces Record Revenue For December 2016

Fintech Investing

First Global Data (TSXV:FGD) is pleased to announce that it has experienced record revenue growth in the month of December 2016. The Company recorded revenues of $2.9 million in the month of December which is the best single month of revenues in the history of the Company. As quoted in the press release: These numbers are …

First Global Data (TSXV:FGD) is pleased to announce that it has experienced record revenue growth in the month of December 2016. The Company recorded revenues of $2.9 million in the month of December which is the best single month of revenues in the history of the Company.
As quoted in the press release:

These numbers are unaudited and will be included in the Company’s year-end audited financial statements.
“We are very pleased with these December results as it provides us with a barometer of the potential that First Global has. We expect significant revenue growth in 2017 as the full year revenue contribution from our mobile payment deployments in India with Vijaya Bank, in Ethiopia with Hidase Telecom, and the other deployments currently under way are realized,” said Andre Itwaru, Chairman and CEO of First Global.

Click here for the full text release.

The Conversation (0)
×