Pureprofile FY22 results show record revenue growth amid global expansion
ASX-listed research and media company Pureprofile has released its FY22 financial report for the period ended 30 June 2022, with the company experiencing accelerated revenue growth and strong operating cash flow movement.
Pureprofile reported a 39% increase to a record $41.7 million revenue for the year to June, a significant hike since FY21.
EBITDA in FY22 was $4 million, up 28% since FY21, reflecting the business’ continuous investment in growth.
Pureprofile’s YoY increase in revenue from regions outside Australia was 48%, the result of 136 new global clients.
The business saw a 217% YoY revenue growth from SaaS clients, and 434+ million ads delivered by Pure.amplify, up 83% YoY – a notable driver of revenue.
Pureprofile’s investment focus for the remainder of 2022 is aligned to ‘accelerating technology, solutions and platforms’, with a ‘focused corporate strategy resulting in a directed approach to product development’.
Operating cash flows this FY improved to $1.6 million, reflecting strong cash conversion and positive working capital movement.
The FY23 EBITDA margin is expected to be 9-10% in line with FY22, and strategically, the company plans to focus growing market share in regions outside of Australia.
FY23 cash flow is anticipated to remain positive.
Have your say