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MOBI724 Global Solutions Sees 800% Revenues Increase
Aug. 05, 2016 09:31AM PST
Fintech InvestingMOBI724 Global Solutions Inc. (TSXV:MOS), a fintech company offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its Q2 financial results for quarter ending on June 30 2016. Some of the company’s six-month year-to-date 2016 highlights include an 800% increase in revenue (to reach $1.283M in 2016 from $161K in 2015) …
MOBI724 Global Solutions Inc. (TSXV:MOS), a fintech company offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its Q2 financial results for quarter ending on June 30 2016. Some of the company’s six-month year-to-date 2016 highlights include an 800% increase in revenue (to reach $1.283M in 2016 from $161K in 2015) and a 43% decrease in the company’s net loss, as compared to last year.
According to the press release:
“These great results confirms that we have set the stage for value creation of the company. I am very confident with the progress of sales pipeline and customer approval in the targeted markets for our solutions is gaining traction. As well, we are focused on completing the funding with our partners so we can continue our rapid growth in line with our strategic plan” said Marcel Vienneau – CEO
The board is pleased to announce that Andre Halley will join the board. Andre has extensive career as an executive with companies such as Bell Canada – Bell Mobility – Teleglobe Canada as regional VP for Europe and Africa, CEO of TIW Asia of Hong Kong, CEO of Ooreedo Algeria, board member of European Data Communications, Skywave Communications, Chairman of Cassiot, Executive Chairman of Prevtech Mircobia Inc., Chairman of the advisory board of 2KIC INC. “I am very happy that Andre is joining our board and that he will leverage his extensive network in Asia Pacific and Middle East to actively market the licenses of our solutions in those regions. His strategic views will add value to our governance” said CEO – Marcel Vienneau