Mobile Digital Solutions Company InternetQ revenues grow by 40%
What? The Mobile digital solutions company InternetQ has increased its incomes by nearly %40.
Why it matters? Latin America, where mobile marketing and mobile entertainment services are firmly established as a powerful customer acquisition tool,is one of the key regions of growth.
The Mobile digital solutions company InternetQ , has continued its’ growth during 2013, increasing incomes by nearly 40% to over €100 million(more than US$ 13 millions).
Annual EBITDA was of over €16.1 million (us$21.84 million) and after-tax adjusted viability to the order of €10 million (more than US$ 13,56 millions).
Mobile Marketing and Mobile Entertainment activities are the group’s performance main supports, including InternetQ's social media and entertainment platform Akazoo.
Asia, Africa and Latin America are the key regions of growth. In Latin America, mobile marketing and mobile entertainment services are firmly established as a powerful customer acquisition tool.
Akazoo is on continuing demand from global media and mobile telecoms providers. Minimob has found widespread distribution and profile in the booming App economy.
InternetQ maintains a strong year-end income which last December exceeded of €12.5 million(US$16,95 millions). This solid financial position provides sufficient capacity to support future growth, especially as smartphone adoption and usage becomes commonplace across multiple emerging and developed markets.
Active discussions with a number of new and existing customers are progressing as a result of the acquisition.
Source: Stock market Wire