CM8 5.41% 3.5¢ crowd media holdings limited

FY17 Results Announcement |...

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    FY17 Results Announcement | http://www.asx.com.au/asxpdf/20170831/pdf/43lxnhcp8s1qvf.pdf

    FY17 Results Presentation | http://www.asx.com.au/asxpdf/20170831/pdf/43lxnp5t9384xk.pdf

    Executive Commentary

    Crowd Mobile’s Chief Executive Officer, Domenic Carosa: “Crowd Mobile has proven in FY17 that the organic growth strategy that focused on reducing debt whilst increasing revenue and commercial innovation opportunities, was the right call and our results reflect this. We are now significantly de-leveraged and with substantially less financing costs. FY18 provides a solid platform for Crowd Mobile to grow revenue, profit and cashflow. We will continue to build our existing divisions whilst we leverage our digital influencer skills and resources into exciting new areas of business, across the world. I’m excited for the next evolution in the Crowd Mobile journey.”

    Crowd Mobile’s Chairman, Theo Hnarakis: “Crowd Mobile's record FY17 results are testament to the Company's successful organic growth over a year in which we also achieved debt reduction. I am encouraged by the significant progress that was made over the 2017 financial year and the strategic opportunities for the Company in the year ahead. Crowd Mobile's digital influencer business presents a particularly exciting opportunity for our company. We look forward to growing this business upon the strong foundations that have been laid and track record Crowd Mobile has delivered across its broader operations.”

    Shareholder Invitation
    Crowd Mobile will be holding a results Webinar:
    Wednesday 13th September 2017 at 430pm Australian Eastern Standard Time (AEST)
 
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