Investor Relation

News


Q2 2024 Financial Summary (results expressed in US$ unless otherwise indicated):


  • Reported quarterly revenue of $9.28 million (includes SMS & MMS, Telecommunications Products & Services businesses, and Big Data) which was an increase of $4.30 million or 86% compared to Q2 of fiscal 2023;
  • Reported quarterly increase in Telecommunications Products & Services business revenue of $6.38 million or 227% compared to Q2 of fiscal 2023;

  • Reported quarterly Big Data revenue of $.77 million compared to $.63 million in Q2 of fiscal 2023;

  • Reported quarterly decline in SMS & MMS business revenue of $2.1 million or 100% compared to Q2 of fiscal 2023;

  • Reported quarterly cost of revenue of $7.44 million which was an increase of $2.87 million or 63% compared to Q2 of fiscal 2023;

Source