Agile Telecom has recorded a 25% revenues increase versus budget as of first semester 2017, with a 70% rise from the same period in 2016
Agile Telecom, fully owned by MailUp Group and specialized in developing professional solutions and full management of A2P (“application to person”) messages, has recorded a 25% revenues increase versus budget (6,9M Euro vs 5,5M Euro) as of first semester 2017, with a 70% rise from the same period in 2016
MailUp S.p.A. (the “Company” or “MailUp”), a company listed on “AIM Italia / Mercato Alternativo del Capitale”, a multilateral trading facility regulated by Borsa Italiana, and operating in the marketing technology industry (Reuters: MAIL.MI) (Bloomberg: MAIL.IM) (ISIN IT0005040354), announces a 25% revenues increase versus budget of its subsidiary Agile Telecom as of first semester 2017.
Agile Telecom, acquired by MailUp S.p.A. in 2015, recorded a revenues increase well beyond budget expectations, reaching 6.9M Euro actual versus 5.5M Euro forecast for first semester 2017, which also means a 70% rise from the same period in 2016.
This important achievement is strictly related to the increase in volume of messages processed by Agile Telecom in the first six months of the year, that almost doubled from the same period in 2016, exceeding the threshold of 50 million messages per month. Matteo Bettoni, Agile Telecom CEO, declares: “since our acquisition in 2015, we have been implementing group synergies that started to produce benefits in the second half of 2016. Since then, business has kept steadily growing which has nothing to do with a mere seasonal increase. As a consequence, we have positive expectations for full year results”.