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MOTIO LTD — Capital/Financing Update 2015
Oct 7, 2015
65390_rns_2015-10-07_7c94e696-ebe4-4b40-887b-f6fe34f92c12.pdf
Capital/Financing Update
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8 October, 2015
Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000
XTD Achieves Sixth Consecutive Month of Revenue Growth
Highlights
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Six consecutive months of revenue growth
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Revenue for September increased by 54% compared to August total
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Potential for new clients to further add to overall revenue
Digital media provider XTD Limited (ASX: XTD or “the Company”) is pleased to announce it has recorded its sixth consecutive month of revenue growth.
XTD is the owner and operator of the world’s first cross track digital media and information system designed for the transit networks of major global cities.
In September, XTD recorded its highest monthly revenue (net of reseller) of $342,179. This was an increase of 54% on its August revenue of $221,086 and a 59% increase on its July revenue of $214,731. Total revenue for the September quarter was $777,996.
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XTD CEO Steve Wildisen said the Company believed the September quarter results reflected the impact of the Company’s Brisbane network operations as well as a renewed focus by XTD’s reseller for Brisbane and Melbourne, APN Outdoor, to offer a complete Eastern Seaboard cross-track digital package.
“We are continuing to attract new clients to the cross-track digital platform including the recently launched Tourism Tasmania campaign,” said Mr Wildisen. “We also have extended commitments from Ford and Australian Defence Force Recruiting. Other major marketers recently attracted to the cross track format include BUPA, Origin Solar, St George, McDonalds, ANZ Bank and Mercedes.”
For more information contact:
Steve Wildisen Chief Executive [email protected]
Nathan Ryan Investor relations and media +61 420 582 887 [email protected]