- engage:BDR (EN1) has achieved its strongest revenue month since listing on the ASX in December 2017
- Its November 2019 consolidated revenue is up 315 per cent from November 2018 to $2.36 million
- Its fourth-quarter 2019 revenue is also up 273 per cent from the 2018 fourth quarter
- engage:BDR is up 18.2 per cent this morning with shares trading for 2.6 cents apiece
engage:BDR (EN1) has achieved its strongest revenue month since listing on the ASX in December 2017.
November revenue grew to $2.36 million, which is roughly 17 per cent higher than the previous month.
Revenue for the year totalled roughly $15.4 million as of November 30, 2019, which is nearly 135 per cent of the $11.4 million revenue in 2018.
The fourth quarter yielded a 273 per cent revenue increase of the previous year and, when compared on a monthly basis, the November 2019 result was 315 per cent more of the previous year of $2.02 million.
engage:BDR is a market-leading, public-traded marketing technology company which operates in the United States, Australia and the Ukraine.
It was founded by executives from pioneering internet companies and made a name for itself by developing innovative solutions for brands, agencies and content owners.
Its offerings span across display, video and native advertising across all devices.
engage:BDR’s marketing platform IconicReach has been recently featured in top global publications such as Forbes, Entrepreneur, Ad Age and Digiday.
In April 2019, the company expanded IconicReach expanded onto the social video platform TikTok.
The IconicReach platform utilises a roster of social media influencers to advertise both companies and products online.
engage:BDR is up 18.2 per cent this morning with shares trading for 2.6 cents apiece at 11:24 am AEDT.